Month: April 2021

Closing Out Another Fruitful Week

Innerscope Hearing Technologies, Inc. INND: 

Some of our regular readers may recall INND, an OTC stock we began following in the first week of February, at which time, we witnessed an amazing run from a .01 low up to an impressive .098 high for potential profits on the order of 880%

Since pulling back off of that high, the stock has made quite a nice rebound over the past month. INND came down to .0143, and has since returned to a high .059, for another upswing of 313% That bring our cumulative observed total gains on INND to 1193% in just a couple of months’ time.

We’ve seen volume and momentum pick up over the last week in particular, so we’ll continue to observe the situation in INND going forward as it may have a chance to retest those previous highs.

Constellation Brands Inc. STZ – Recap:

We were tracking some puts in the Constellation chain yesterday, which turned in some nice gains on the day as well.

We were looking at the STZ Weekly $222.50-217.50 Puts, however through a typo that we didn’t catch until after our email had gone out, the correct idea was only available to those who caught it on BlueHorseshoeStocks.com, where all of our newsletters are published daily. We are only human and sometimes errors occur, so that’s why it’s always a good idea to bookmark and check our site each day even if you receive our newsletters via email.

For those readers who do use the website regularly, the potential gains in those ideas were considerable: 

STZ Weekly $222.50-217.50 Puts
$222.50: 1.05-4.15 (+295%)
$220: .21-1.70 (+709%)
$217.50: .15-.35 (+133%)
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Fresh Options Idea:
LEVI 04/16 $26-27 Calls

Extended Watchlist:
RGBP, CBYI, SNNC, ENMI, BOTY, FTEG, DRNK, NUUU, BLDV

WGO Options Target Yields 6700% Gainer

Schnizter Steel Industries, Inc. SCHN – Review:

In yesterday morning’s premarket report, our lone fresh options idea was an earnings based target in the SCHN chain, the SCHN 04/16 $42-43 Calls, submitted on the heels of the company’s Q2 earnings report.

We were met with a choppy day for the markets as a whole, but that didnt stop SCHN from providing us with the firepower to make some very respectable intraday gains.

Here are the figures on the ranges and total possible profits on these plays subsequent to our premarket alert: 

SCHN 04/16 $42-43 Calls
$42: 1.10-2.11 (+92%)
$43: .75-1.60 (+113%)

Winnebago Industries, Inc. WGO – Recap:

We’ve also seen an incredible move out of the WGO idea thatg we put forth a couple of weeks back. It was on March 24th that we initiated our idea on the WGO 04/16 $80-85 Calls. The very next day, WGO began an ascent up the chart that has persisted all the way through this week.

As a result, our ideas, and particularly the $80 Calls, have exploded in a huge way. With a percentage increase of over six thousand, those calls have become one of our best calls of this year so far!

WGO 04/16 $80-85 Calls
$80: .05-3.40 (+6700%)
$85: .37-1.13 (+205%)

Fresh Options Idea:
STZ Weekly $322.50-227.50 Puts 

Extended Watchlist:
TXTM, INND, IRNC, SPQS, FBCD, NUUU, ADHC, MTRI, 

SHW, TIGR Options Recaps & More

The Sherwin-Williams Co. SHW – Review:

One of our most successful picks of the month thus far has got to be our options targets in SHW. We signaled the SHW 04/16 $246.67-250 Calls to close out the short week on Thursday morning, and provided an update on Monday. We’re swinging back around for a third time to issue another recap of the progress made by those calls.

These updated figures in our designated contracts represent the overall upswings from this past Thursday’s lows to yesterday’s new highs: 

SHW 04/16 $246.67-250 Calls
$246.67: 3.50-12.50 (+257%)
$250: 1.90-10.00 (+426%)

The stock has been streaking into blue skies, so we’ll also roll up to include fresher strike points and add the SHW 04/16 $256.67-260 Calls to our radar.

UP Fintech Holding Ltd. TIGR:

Another set of ideas with an April 16th expiration, we targeted the TIGR 04/16 $17.50-20 Calls on the Friday before last, and in that span of seven sessions, we have seen two distinctive runs, which we have articulated in the results below.

TIGR 04/16 $17.50-20 Calls
$17.50:
.50-3.30 (+560%)
1.05-2.65 (+152%)

$20:
.30-2.20 (+633%)
.51-1.49 (+192%)
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Fresh Options Idea:
SCHN 04/16 $42-43 Calls

Extended Watchlist: 
AMLH, PLYZ, IJJP, MCIC, FTEG