Tag: VTGN

Blue Horseshoe Stocks: Post-Earnings Options & More

Dollar General Corp. DG

First up this morning is a look at DG, which revealed its Q3 earnings report early this morning, and appears to be gearing up for some continued bullish activity, for which we’ll want to formulate an options trading idea.

The stock has been in a general uptrend for many months, seeing its annual lows in June, and trading in a general upward channel ever since. DG is gapping up roughly 5% in premarket trading, and we’re going to look for action in the DG Weekly $93.50-96 Calls today and possibly tomorrow as well.

Lululemon Athletica

This is another stock that has put up a good performance since late spring. After seeing its own annual low at the end of May in the $66 area, LULU has recently breached the $90 mark.

That upward climb could continue on the heels of what was a solid beat on both sales and earnings in the post-market yesterday, as well as boosted sales guidance. When coupled with the $200M share repurchase the company has just authorized, and we have another excellent candidate for some options trading ideas. In this case we’re interested in tracking the LULU Weekly $72.50-74 Calls.

Extended Watchlist:
ROX, HOME, VTGN, IGC, MYO, CRSP, TLRD

Blue Horseshoe Stocks: AAPL Review & More

Apple, Inc. AAPL – Options Review

We’re now mentioning the calls we made for the Apple options chain on Tuesday for the third consecutive day, after each of our tracked contracts yet again set new highs during yesterday’s session.

To refresh your memory, we slated the AAPL Weekly $150-155 Calls for observation in Tuesday’s premarket report, and they provided solid gain opportunities ranging from 78-146% that day.

Here are the updated figures showing the lows from Tuesday, to the new highs attained yesterday.

$150 Calls – Range: 2.30-4.80 – Max Gain: 109%
$152.50 Calls – Range: 1.00-2.55 – Max Gain: 155%.
$155 Calls – Range: .28-.89 – Max Gain: 218%


Fresh Options Ideas

While we’re on roll with options calls, we might as well let it ride by selecting a couple of other ideas that are worth monitoring.

Tiffany & Co. TIF – Tiffany’s chart is showing a decent bottom setup, while some insider buying was reported this week near 4-month lows. We’re going to highlight the TIF 10/20 $92-93 Calls and keep them on our radars in the days and weeks ahead.

Blackberry Ltd. BBRY – For a more short-term idea, we’re going to signal the BBRY Weekly $9.50 & $10 Calls on the heels of Blackberry’s premarket earning beat. Prior to today, the stock has hovering around a solid level of support at roughly $9 for quite some time, but today’s release could definitely have a positive effect on the chart. The company posted a beat on profits and revenue, while software sales set company records.

Extended Watchlist:
ZYNE, ADHD, IZEA, CHFS, AQMS, GALE, OPGN, AEMD, VTGN