March 2024 - Page 3 of 4 - Blue Horseshoe Stocks

Wednesday’s Winners, 6 Fresh Options Plays

Reviewing Wednesday’s Movers:

It was a good day for the options picks we highlighted in yesterday morning’s premarket report, We included three sets of weekly options, and a potential swing trade on some longer-term targets. All three of our quick-strike ideas bore immediate fruit, and posted some nice intraday runs on their respective charts.

That trio of runners was the DLTR Weekly $145-142 Puts, the TSLA Weekly $177.50-172.50 Puts, and the COIN Weekly $252.50-250 Puts. These were the performances they recorded for Wednesday’s session:

DLTR Weekly $145-142 Puts
$145: 11.50-17.83 (+55%)
$144: 11.91-16.53 (+39%)
$143: 9.97-16.00 (+60%)
$142: 9.25-15.27 (+65%)
_____

TSLA Weekly $177.50-172.50 Puts
$177.50: 4.00-8.75 (+119%)
$175: 2.70-6.60 (+144%)
$172.50: 1.76-4.70 (+167%)
_____

COIN Weekly $252.50-250 Puts
$252.50: 2.96-8.43 (+185%)
$250: 2.42-7.55 (+212%)

Fresh Options Ideas:
TSLA Weekly $170-167.50 Puts
WB Weekly $10 Calls
DKS Weekly $195-197.50 Calls
FUTU Weekly $62-60 Puts
PATH Weekly $25-26 Calls
SPY 03/14 $516-517 Calls*

*Only experienced traders should attempt to trade options contracts on their day of expiration

Li-Cycle Holdings Corp. (NYSE:LICY) – Recap:

We signaled interest in tracking LICY via our extended watchlist in yesterday’s report, and the stock made a really nice move on the day. It traded up from a low of .6537, and hit a daily high of .8997. That worked out to an intraday rise of 38% which is very respectable for a stock in this price range.

Extended Watchlist:
IGPK, CURO, FRST, SOUN, WIMI, CCTG, AAUD

Tuesday’s Plays, 4 New Possibilities

Recap of Tuesday’s Figures:

We included only a pair of potential options trading targets in yesterday morning’s premarket report, which is a little lighter of a load than usual. It just so happened that those were the earnings plays that we found more interesting in the premarket. We were able to see some nice intraday movement off of those ideas despite the small sample size.

Our possible targets for the day were the ADM Weekly $54-56 Calls, and the ORCL Weekly $125-128 Calls, and here were the numbers they recorded for Tuesday’s session:

ADM Weekly $54-56 Calls
$54: 3.20-4.35 (+36%)
$55: 2.00-2.85 (+42%)
$56: 1.20-1.90 (+58%)
_____

ORCL Weekly $125-128 Calls
$125: 2.17-4.25 (+96%)
$126: 1.75-3.45 (+97%)
$127: 1.34-2.75 (+105%)
$128: .99-2.20 (+122%)

Fresh Options Ideas:
DLTR Weekly $145-142 Puts
TSLA Weekly $177.50-172.50 Puts
COIN Weekly $252.50-250 Puts
YORW 04/19 $35 Calls

Extended Watchlist:
IGPK, MOBQ, TONR, KTRA, NCNA, LICY, LSF

Major Move for CBIH, 2 Fresh Options Ideas

Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – Recap:

We have been reporting on CBIH for a few weeks now, and things have just started to get really exciting for this medical cannabis company which uses the latest AI algorithms to aid in the development of its products.

When our initial report on CBIH hit back on February 20th the stock was trading as low as .0005. Yesterday, on the strength of its highest volume day since July of 2022, it ran up to a new high of .0018. That marks an upswing of 260% in just a shade over three weeks of trading! Ideally, we’d like to see the .0011 area of resistance the stock broke through yesterday hold as support going forward. Should the stock manage to break through the .0019-.002 area, we’d be looking at a straight shot on up to .003.

For now, we are exceedingly pleased with how CBIH has performed in the short time we’ve been covering this company.

For more information on CBIH, please visit cbih.net
and/or contact Peter Nicosia at (585) 703-6565 with any inquiries

Solid Start to the Week for Options:

We had another solid day on the options front yesterday, with all three of the quick-strike targets we included in our report making some nice intraday moves. (We also had a pair of ideas with April expirations that we’ll continue to track in the days and weeks ahead).

Those daily runners were the MARA Weekly $24.50-25 Calls, the COIN Weekly $270-275 Calls, and the BABA Weekly $74-75 Calls, and here were the types of intraday moves they registered:

MARA Weekly $24.50-25 Calls
$24.50: .74-1.05 (+42%)
$25: .65-.93 (+43%)
_____

COIN Weekly $270-275 Calls
$270: 10.00-15.95 (+59%)
$272.50: 9.55-14.82 (+55%)
$275: 8.95-13.90 (+55%)
_____

BABA Weekly $74-75 Calls
$74: 1.57-2.66 (+59%)
$75: 1.04-2.00 (+92%)

Fresh Options Ideas:
ADM Weekly $54-56 Calls
ORCL Weekly $125-128 Calls

Extended Watchlist:
NUKK, LICY, RGLS, CLRO, RERE, IONM, ZCMD

Friday’s Thousand-Percenters, 5 New Ideas

Reviewing a Fantastic Friday:

We had some incredibly good fortune with many of the options trading picks we placed on watch in Friday’s premarket report. Every single one of them produced multibag intraday gain opportunities for us, and a couple set themselves apart with some truly enormous thousand percent-plus upswings on the session! It was a heck of a way to wrap up another excellent trading week.

Those targets were the DOCU Weekly $57-59 Calls, the PBR Weekly $15.50-14.50 Puts, the GCO 03/15 $25 Puts and the SPY 03/08 $515-516 Calls. Here were the incredible runs they posted on Friday:

DOCU Weekly $57-59 Calls
$57: .44-1.19 (+76%)
$58: .25-.76 (+204%)
$59: .14-.54 (+286%)
_____

PBR Weekly $15.50-14.50 Puts
$15.50: .25-.71 (+184%)
$15: .03-.44 (+1367%)
$14.50: .01-.15 (+1400%)
_____

GCO 03/15 $25 Puts
$25: .20-.70 (+250%)
_____

SPY 03/08 $515-516 Calls
$515: .05-.40 (+700%)
$516: .04-.16 (+300%)

Fresh Options Ideas:
MARA Weekly $24.50-25 Calls
COIN Weekly $270-275 Calls
BABA Weekly $74-75 Calls
SHLS 04/19 $12.50-15 Calls
ADM 04/19 $57.50-60 Calls

Extended Watchlist:
DUO, TCBP, PIK, AUUD, MESO, SONN,

Solid Outing on Thursday, 4 New Picks

Sweep of Thursday’s Board:

Wrapping up a trading week by reporting a perfect slate of options ideas from Thursday is our favorite way to head into any weekend, and that’s how things shook out for us again this week. All three of the potential options targets we placed on watch in yesterday morning’s premarket report exhibited solid intraday upswings.

We were watching the VSCO 03/15 $17.50 Puts, the CIEN 03/15 $60-55 Puts, and the BURL Weekly $212-217.50 Calls, and they all put up some nice figures for the session. Here’s how that activity played out:

VSCO 03/15 $17.50 Puts
$17.50: .30-.80 (+167%)
_____

CIEN 03/15 $60-55 Puts
$60: 5.00-8.30 (+66%)
$55: 1.60-3.10 (+94%)
_____

BURL Weekly $212-217.50 Calls
$212.50: 9.19-15.00 (+63%)
$215: 3.10-7.81 (+152%)
$217.50: 1.80-5.45 (+203%)

Fresh Options Ideas:
DOCU Weekly $57-59 Calls*
PBR Weekly $15.50-14.50 Puts*
GCO 03/15 $25 Puts
SPY 03/08 $515-516 Calls*

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

Extended Watchlist:
AIMD, AIRE, MIRA, CERO, VLD, PBM, TIOG, PVST, VMSI