Blue Horseshoe Stocks: Options Recap, Form-4’s

Campbell Soup Co. CPB

After Campbell’s beat on earnings, we formulated an options idea in yesterday’s premarket report to go along with the activity we were observing. Our targets were the CPB Weekly $38.50-40.50 Calls, and despite a down day for the markets in general, CPB produced just the right performance to allow for some really nice gains.

Every single one of the five contracts contained within our designated range produced a big opportunity for quick profits.

$38.50 Calls – Range: 1.50-2.94 – Max Gain: 96%
$39 Calls – Range: .91-2.52 – Max Gain: 177%
$39.50 Calls – Range: .83-2.05 – Max Gain: 147%
$40 Calls – Range: .55-1.80 – Max Gain: 227%
$40.50 Calls – Range: .40-1.40 – Max Gain: 250%
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Fresh Options Idea:
ADSK Weekly $131-133 Calls


Form-4 Alerts

Aside from earnings-related options ideas, we also routinely scan for Form-4 submissions indicating insider buying on stocks that are at or near a relative low. We also look for stocks whose charts have large gaps to fill to the upside.

Both of the following stocks we’re placing on bottom watch here check all of those boxes, as you can see on the included side-by-side charts. We’ve also formed a corresponding options idea for both:

Zillow Group Inc. Z
01/18 $30-40 Calls

Coty, Inc. COTY 
01/18 $8-10 Calls


Extended Watchlist:
SGSI, INPX, FPAY, BJ, TAOP, NVLN, CREG, PAGS, CMCM, BZUN, NBEV

Blue Horseshoe Stocks: Z Follow-Up & More

Zillow Group, Inc. Z

First thing’s first- we wanted to update our readers once again on the Zillow calls we made on Tuesday morning. We designated the Z Weekly $48-49 Calls as our targets and after a good first day, the stock continued its upward climb during yesterday’s session.

That move alloted for even further increases on our observed range of contracts, and pushed our two-day observed swings well into multi-bag territory:

$48 Calls – Range: 1.30-3.55 – Max Gain: 173%
$48.50 Calls – Range: 1.10-2.60 – Max Gain: 136%
$49 Calls – Range: .80-2.60 – Max Gain: 225%
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Fresh Ideas:
YELP Weekly $43-44.50 Calls
ROKU Weekly $52-53.50 Calls


Healthmed Services, Inc HEME

It isn’t often these days that we target a subpenny OTC stock. Our long-time followers know that those were our primary focus when we started out exactly 7 years ago this past Tuesday. We did very well in that capacity for many years, despite having recently shifted focus more to fast-paced options trading.

Of any of the sectors we ever covered in the OTC space, cannabis has certainly been the most exciting, and continues to be one of our primary interests on the stock side of things to this day.

That’s why we just want to put HEME on our readers radars. Despite being listed as defunct on OTC Markets, the company recently revealed its intentions to get things back on track and enter the marijuana space.

According to its updated website, HEME is presently acquiring, leasing and licensing growers for the cultivation, production and distribution of cannabis and cannabis-related products in southern California. The project site has state Highway access, water and local transportation are convenient and accessible, and the City government has designated the project site – legal planting zoning.

We are going to keep tabs on the company’s progress toward not only developing in this new direction, but also coming current on its reporting.


Extended Watchlist:
WIN, UPL, TIVO, ANGI, CVNA, RDHL,

Blue Horseshoe Stocks: WB Options & More

Zillow Group, Inc. Z

We targeted a set of ideas for the Zillow options chain yesterday, namely the Z Weekly $48-49 Calls, as the company was coming off of its Q3 earnings release.

The stock gapped down fairly significantly, however it launched into an immediate rebound that made some solid gains possible in our highlighted contracts. Here are the total possible intraday gains which could have been achieved on the back of those ideas.

$48 Calls – Range: 1.30-2.23 – Max Gain: 75%
$48.50 Calls – Range: 1.10-1.70 – Max Gain: 55%
$49 Calls – Range: .80-1.40 – Max Gain: 75%


Weibo Corp. WB

We’re simply going to stick to our running strategy of hitting up plays that have just seen their respective companies report on earnings. Chinese internet stocks have been flagging of late, and WB is at this point, extremely oversold.

We could envision a longer term scenario in which WB sees a replacement back to  $100-110 range, however we are just going to roll with some quick-strike ideas for now. We’ll be tracking the WB Weekly $86-88 Calls as we head into week’s end.


Extended Watchlist:
ETM, ATIS, IAC, MTBC, BOOT, MTCH