Blue Horseshoe Stocks: Landmark Week for Options

Apple, Inc. AAPL – Options
We targeted AAPL Options for the first time in several months this week, and our timing in re-entering the mix was extremely fortuitous. Just to break it down for those who may have missed the bulk of this week’s coverage, we entered our ideas in Wednesday’s premarket report, citing AAPL Calls in the range of $113-117 as being high interest.

Things worked out great that first day, with three sets of call contracts in that range ($114, $115, $116) yielding up gains ranging from 167%-235%  AAPL continued to surge yesterday as it briefly breached the $119-mark, and as a result, those highs on our tracked calls were pushed significantly higher.

The $114 Calls, from Wednesday’s low of 2.23, managed to reach as high as 5.20, equal to an overnight increase of 133%

The $115 Calls saw their low at 1.58, and at the peak of yesterday’s session were trading for as much as 4.20. That marks a two-day jump of 166%

The $116 Calls overall move was also very impressive, ranging from 1.10-3.25, gains of up to 195% were made possible.

At the high end of our initial range of interest were the $117 Calls, which hit an early low of .45 yesterday, and subsequently touched a high of 2.35, registering as a single session move of 422% All in all, there was really no way to go wrong with our AAPL Calls this week following a big earnings beat by the tech giant., Inc. AMZN – Options

Speaking of exceeded expectations on earnings, AMZN smashed its previous two-quarter trend of losses by posting Q4 profits of $214M on just over $29B in sales. As a result, the stock spiked significantly, and continues to do so in this morning’s premarket. To take advantage of the resultant price action as we did with AAPL, we’ll be outlining some options ideas for AMZN as well.

For a possible intraday flip opportunities we’re looking at the Weekly $345 (Last traded: 1.49) and $350 Calls (Last traded: 1.24). For more of a longer-term interest, we’ll  keep an eye on the 02/20 $350 Calls (Last traded: 3.25).

Extended Watchlist:

Blue Horseshoe Stocks: AAPL Options Recap

Apple, Inc. AAPL – Options Ideas

We decided to revisit AAPL Options yesterday morning just as the tech giant was coming off of a huge earnings beat that came post-market on Tuesday. If you recall, we highlighted Calls in the $113-117 area for potential intraday flip opportunities, and three sets of contracts in that range gave real standout performances with each making three significant swings over the course of the day. All of that price action added up to many fine chances for traders to reap sizable profits.

Here’s a look at specific figures of the kinds of gains that were possible, accompanied by a visual representation with the intraday charts:

$114 Calls: 2.54-4.26 (67%), 3.47-4.30(24%), 2.23-3.92(76%) Cumulative Total: 167%

$115 Calls: 1.90-3.40(79%), 2.67-3.40(27%), 1.58-3.06(94%) Cumulative Total: 200%

$116 Calls:
1.35-2.65(96%) , 2.00-2.65(33%) 1.10-2.27(106%) Cumulative Total: 235%

This scenario could not have been more textbook following a big earnings beat.  We’ve utilized this exact sort of trend on numerous occasions in the past, and as you can plainly see, it continues to be an effective strategy to this day.

We mentioned those contracts could be good for intraday and intraweek gains and we’re holding to that, so we’ll continue to have our eyes fixed on the AAPL Options Chain as the week draws to a close.

Extended Watchlist:

Blue Horseshoe Stocks: Options Ideas, ADTM & More

Apple, Inc. AAPL – Options Ideas
It has been quite some time since we last looked in on the AAPL options chain, but we’re no strangers to the types of gains it affords. Just this past spring, we were able to track AAPL options to huge percentage gains.

Yesterday following market close AAPL earnings beat expectations by a mile, and as a result the stock is spiking significantly in premarket trading today. It may be possible to use this price action to our favor; we’d expect to see some early profit-taking lead to a familiar dip-and-rip scenario.

As the price rebounds we’ll be waiting with some potential options ideas. We’ll be monitoring Calls in the $113-117 range for potential intraday/intraweek flip opportunities.

Adaptive Medias, Inc. ADTM

We’ve had several recent opportunities with stocks rebounding off of their annual lows, and for that reason we’re going to tag ADTM this morning.

This stock’s 52-week low came on Monday, in the wake of the arrest of CEO Qayed Shareef on some very serious charges. The rebound off of those lows came yesterday as the company announced changes to its management structure following the immediate termination of Mr. Shareef. Acting COO Jim Waltz (Current CEO of Beanstock Media) has been unanimously supported by the board to assume the role of CEO.

We’ll look for ADTM to register higher lows and higher highs as it recovers off of its annual low. Prior to the disruption caused by the former CEO’s actions, the stock was trading in the 2.50-3.00 range; from current levels, a return to that area would mean gains in the neighborhood of 40-60%


Special Note:

We’ll also keep our eye on Vuzix Corp. VUZI. The stock appeared in our extended watchlist yesterday, and did make a modest increase during the session. This morning VUZI management will ceremoniously ring the opening bell to commemorate the company’s uplisting to the NASDAQ which begins today.

ROCHESTER, N.Y., Jan. 26, 2015 /PRNewswire via COMTEX/ — NASDAQ trading in “VUZI” to commence on January 28, 2015 Vuzix� Corporation (OTCQB: VUZI) (“Vuzix” or, the “Company”), a leading supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, announced today it has received approval from the NASDAQ Stock Market LLC (“NASDAQ”) for the listing of its common stock on the NASDAQ Capital Market. Vuzix common stock will retain the ticker symbol “VUZI” and will commence trading on the NASDAQ Capital Market on January 28, 2015.