Wednesday’s Winners, 4 More Potential Plays

Recapping Wednesday’s Winners:

We made some good progress with the potential options plays we highlighted in yesterday morning’s premarket report. Everything we signaled in the near-term recorded some pretty good intraday movement. As far as the May calls we targeted on INTC, we’ll have to wait a little longer to possibly see that idea come to fruition. Everything else worked out rather well, and we expect that trend to continue as we start to come out of this earnings dry spell of the past few weeks. In the case of the SPY Puts we formulated, two out of the three contract sets in the range we designated say intraday run of more than a thousand percent!

The three runners from yesterday’s report were the SPY 04/10 $515-513 Puts, the DAL Weekly $48.50-49.50 Calls, and the PSMT 04/19 $85 Calls. These were the daily performances they logged for the session:

SPY 04/10 $515-513 Puts
$515
: .36-1.86 (+417%)
$514: .10-1.13 (+1030%)
$513: .02-.23 (+1050%)
_____

DAL Weekly $48.50-49.50 Calls
$48.50
: .52-1.20 (+131%)
$49: .30-.92 (+207%)
$49.50: .15-.77 (+413%)
_____

PSMT 04/19 $85 Calls
$85
: .16-1.05 (+556%)


Fresh Options Ideas:
SPY 04/11 $514-515 Calls*
KMX Weekly $74-72 Puts
STZ Weekly $265-267.50 Calls
FAST 04/19 $72.50-70 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
RLYB, TPET, ELYM, ALPN, APVO, MDNAF, ZEVY, 

4 Fresh Ideas to Wrap Up the Trading Week

Thursday Recap:

We got things going in our premarket report yesterday morning with a trio of potential options plays, in our continuing efforts to come up with daily winners during this low period for high profile earnings reporters. For what we can’t get out of the daily calendar, we look elsewhere, and have been doing a pretty good job at that recently.

Yesterday’s targets were the LEVI 04/19 $20-21 Calls, the CAG Weekly $30-31 Calls, and the MNMD 04/19 $12 Calls, and here were the types of positive intraday moves they recorded for the session.

LEVI 04/19 $20-21 Calls
$20
: 1.45-2.48 (+71%)
$21: .90-1.65 (+83%)
_____

CAG Weekly $30-31 Calls
$30: .35-.75 (+114%)
$30.50: .11-.35 (+218%)
$31: .05-.15 (+200%)
_____

MNMD 04/19 $12 Calls
$12: .70-.90 (+29%)


Fresh Options Ideas:
GBX 04/19 $50-55 Calls
SWAV 04/19 $320-330 Calls
AMD Weekly $165-167.50 Calls*
SPY 04/05 $513-515 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders


Extended Watchlist:
LTNC, CBDD, ZEVY, TPTW, AABB, GTVH, HUBC, MDIA, GCTS, TARA, FAAS

Ringing in 2024 with a 4-Pack of Fresh Ideas

Best Wishes for 2024!

In a rare occurrence, we opted not to include any options trading ideas on Friday before breaking for the holiday. There were no earnings reporters, and the markets were looking rather subdued, and set up for a humdrum kind of a day. It was a quiet end to a year that had been anything but quiet, but we’re ready to get things rolling for 2024. We’ll still be without earnings reporters today, but that won’t stop us from rooting out something to focus upon for this first trading day of the year.

If 2024 turns out anywhere near as positive as 2023 was, we will be in very good shape! It is the 13th calendar year since we opened up BlueHorseshoeStocks.com as a daily archive of all of our newsletters (all 3,230 of which are still public and available for review!) and we’re going stronger than ever! To subscribers new and old, we hope you’ll stick with us for what promises to be a VERY interesting 2024!


Fresh Options Ideas: 
MARA Weekly $26-27 Calls
COIN Weekly $175-177.50 Calls
AMD Weekly $145-144 Puts
VYGR 11/19 $10-12.50 Calls 


Extended Watchlist:
RUM, ENZC, STAL, SGN, RIOT, NGM, VTXB, ZEVY, LTUM