Month: April 2019

Blue Horseshoe Stocks: More Options Success

UnitedHealth Group Inc UNH

As we near the midway point of this holiday-shortened week, we are going to be taking a look at a fresh earnings related options idea with UnitedHealth.

The company just posted an impressive across-the-board earnings beat, while the chart itself was already in a prime bottom-bounce position. We are going to track the UNH Weekly $232.50-237.50 Calls, which should be in very good shape if events play out as expected.

Fastenal, Inc. FAST

We also signaled the FAST 04/18 $62.50-67.50 Calls, last Thursday following the company’s own earnings beat. The moves we’ve observed since then have been moderate, but still impressive nonetheless.

$62.50 Calls – Range: 5.40-7.10 – Max Gain: 31%
$65 Calls – Range: 2.40-4.80  – Max Gain: 100%
$67.50 Calls – Range: 1.10-2.43 – Max Gain: 121%
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Fresh Options Idea:
Senior Housing Properties Trust SNH 06/21 $10 Calls

Extended Watchlist:
CNAT, CHFS, JAGX, RWLK, JMIA, MDR, ZSAN,

Blue Horseshoe Stocks: Big Win Friday

Recapping Friday’s Winners

If you check our report from Friday morning, you’ll see that we highlighted a couple of sets of weekly options ideas, and we’d like to kick off this short trading week with a review of the total possible gains which were available for anyone who caught our alerts.

SPDR S&P500 ETF (SPY) -Expecting to see some reasonably bullish activity based off of the conditions we observed on Friday in the premarket, we decided to make our go-to move of signaling some short-term SPY ideas. Out of that group, the Weekly $289 Calls were the most attractive play. Those traded up from a low of .55-1.54, for total possible gains of up to 180%
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The Walt Disney Co. DIS – We caught DIS gapping up on our morning scan Friday, and it was cruising in the premarket. It turned into a classic gap-and-go for us as our ideas, the Weekly $122-125 Calls, which all soared.

$122 Calls – Range: 4.40-10.25 – Max Gain: 133%
$123 Calls – Range: 3.75-7.59  – Max Gain: 102%
$124 Calls – Range: 2.53-6.60 – Max Gain: 161%
$125 Calls – Range: 1.68-6.01 – Max Gain: 258%

Extended Watchlist:
AMRS. BOOM, BPTH, COBI, FCSC, SCHW, NDRA, PULM, TBLT

Blue Horseshoe Stocks: FAST Recap & More

Fastenal, Inc. FAST

Our fresh options ideas for yesterday morning was regarding Fastenal,which had just posted a solid Q1 earnings beat. The potential targets that we highlighted were the FAST 04/18 $62.50-67.50 Calls, and we’re happy to report that the stock’s activity has allowed us to see some decent moves out of those so far, with five sessions remaining until their expiration.

The moves was observed yesterday were as follows:

$50 Calls – Range: 5.40-6.50 – Max Gain: 20%
$52.50 Calls – Range: 2.40-4.30  – Max Gain: 79%
$55 Calls – Range: 1.10-2.08 – Max Gain: 89%

With the markets heating up here in the premarket, we’ll want to continue to keep an eye on FAST for the possibility of further useful activity that could propel these contracts to more gains before their expiration next Thursday.
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FRESH OPTIONS IDEAS:
The Walt Disney Co. DIS Weekly $122-125 Calls
SPDR S&P500 ETF (SPY) Weekly $289-290 Calls

*Don’t trade weekly options on a Friday unless you’re an advanced level trader with disposable funds!

Extended Watchlist:
BPTH, WPX, JCP, BSMX, CBAY, WPX, ENDP