Blue Horseshoe Stocks

Thursday’s Thousand Percenters, 3 Fresh Plays

Strong Finish to a Solid Short Week:

Our fresh options ideas for yesterday’s premarket report numbered five, and for the second day in a row, only one of our highlighted suggestions failed to produce notable intraday activity. The rest exhibited the typical behavior we’ve come to expect from the vast majority of options ideas we put forth. The Overstock calls were by far the most impressive, registering a couple of runs that blew well past the thousand percent gainer mark.

The daily movers proved to be the DRI 07/21 $165-155 Puts, the ACN Weekly $302.50-297.50 Puts, the KBH 07/21 $50 Puts, and the OSTK Weekly $22.50-23.50 Calls, and here’s the kind of intraday movement we saw in those targets on the session.

DRI 07/21 $165-155 Puts
$165: 4.10-5.60 (+37%)
$160: 1.95-3.18 (+63%)
$155: .75-1.40 (+87%)
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ACN Weekly $302.50-297.50 Puts
$302.50: 5.60-6.50 (+16%)
$300: 3.76-5.30 (+41%)
$297.50: 3.20-3.40 (N/A)
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KBH 07/21 $50 Puts
$50: .90-1.40 (+56%)
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OSTK Weekly $22.50-23.50 Calls
$22.50: .35-3.30 (+843%)
$23: .25-2.90 (+1060%)
$23.50: .15-2.20 (+1367%)

Fresh Options Ideas:
KMX Weekly $81-83 Calls
SWBI 07/21 $10-12.50 Calls
APOG 07/21 $45 Calls

A Winning Wednesday, 5 New Ideas

Winning Wednesday:

We kept things moving along swimmingly on Wednesday with regard to the options ideas in our premarket report for the day. We put in a pretty good mix of short-term and longer-term ideas, as well as bears and bulls. Three out of our four interests produced instant results, and the fourth (IHF) we’ll put on the back burner, as we feel it will still produce the activity we’re looking for in the days and weeks ahead.

Our hot hands for the day were our other targets, which were the FDX Weekly $230-225 Puts, the WGO 07/21 $60-55 Puts, and the PDCO 07/21 $31-33 Calls. From those we got several chances for multi-bag profits on the session, and those moves were as follows:

FDX Weekly $230-225 Puts
$230: 1.91-6.29 (+229%)
$227.50: 1.17-4.25 (+263%)
$225: .63-2.56 (+306%)
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WGO 07/21 $60-55 Puts
$60: .85-1.75 (+106%)
$55: .27-.60 (+122%)
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PDCO 07/21 $31-33 Calls
$31: .45-1.97 (+338%)
$32: .70-1.50 (+114%)
$33: .50-.75 (+50%)

Fresh Options Ideas:
DRI 07/21 $165-155 Puts
ACN Weekly $302.50-297.50 Puts
CDMO 07/21 $12.50-10 Puts
KBH 07/21 $50 Puts
OSTK Weekly $22.50-23.50 Calls

Extended Watchlist:
PIXY, TTOO, AGLE, ROOT, LCFY, APE, SYTA, TALS, AAOI, ONCR, GZIC, GZIC, CLNV

Excellent Start to the Week, 4 Fresh Plays

Excellent Start to the Short Week:

We got out to a pretty hot start yesterday morning on this short trading week, the first session of which presented us with some very nice intraday gain opportunities. We hashed out a trio of potential plays in our premarket report, and everything worked out quite well. All of the contract sets in our designated ranges produced respectable runs with most reaching double-bag status or better, and in the case of the SPYs, we saw some incredible moves.

Our daily targets were the NVDA Weekly $425-430 Calls, the SPOT Weekly $157.50-160 Calls, and the SPY 06/20 $437-438 Calls. The potential profits they yielded for the session were as follows:

NVDA Weekly $425-430 Calls
$425: 9.10-17.52 (+93%)
$430: 6.75-13.86 (+105%)
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SPOT Weekly $157.50-160 Calls
$157.50: 1.60-3.10 (+94%)
$160: .95-2.00 (+111%)
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SPY 06/20 $437-438 Calls
$437: .22-1.53 (+595%)
$438: .09-.76 (+744%)

Fresh Options Ideas:
FDX Weekly $230-225 Puts
WGO 07/21 $60-55 Puts
PDCO 07/21 $31-33 Calls
IHF 07/21 $245-250 Calls

Extended Watchlist:
AHI, OCEA, MULN, LMDX, GRNQ, OBTC, ETCG, GRCU, DPUI

Kicking Off This Short Trading Week

Solid Friday Finish:

As we’ve been mentioning over the past week or so, we’re contending with an earnings dry spell at the moment, so our daily selection has been rather more limited than what is typical. However, we haven’t let that stop us entirely from formulating what we think are some of the more attractive prospects on any given trading day.

Friday’s premarket report was limited to just a pair of fresh options ideas, the ADBE Weekly $510-515 Calls and the SPY 06/16 $440-442 Calls. Despite a rocky session for the markets in general, we saw solid intraday movement from each of our selected contract sets. Here’s a breakdown of their daily performances:

ADBE Weekly $510-515 Calls
$510: .50-1.28 (+156%)
$515: .19-.42 (+121%)
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SPY 06/16 $440-442 Calls
$440: 1.05-2.45 (+133%)
$441: .55-1.57 (+185%)
$442: .27-.87 (+232%)

Fresh Options Ideas:

Unfortunately, the dearth of high profile earnings reporters is slated to persist for the better part of the next month, but we will be equally persistent in our efforts to keep the ideas based on other factors flowing. Here’s what we find interesting today, to kick off this holiday-shortened trading week.

NVDA Weekly $425-430 Calls
SPOT Weekly $157.50-160 Calls
SPY 06/20 $437-438 Calls*

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

Faraday Future Intelligent Electric, Inc. (NASDAQ:FFIE)

We’re also interested in tracking FFIE, a low-priced NASDAQ stock that has recently been steadily making its way up off of its annual lows. If it can hold above its recent support level at its its 50DMA of .25, we will remain interested.

Extended Watchlist:
VCI, EVET, EVLO, LUCY, YVR, BFRI, NUEW, DICE, FRCB, BDPT

Solid Finish to a Strong Trading Week

Another Winning Wednesday:

We fared pretty well yesterday with respect to the daily options ideas we included in our premarket report. The current earnings dry period persisted, leaving us with only a pair of fresh plays, but they both put up good intraday performances. Additionally, the Oracle calls we’ve been tracking this week once again tacked on some impressive new highs for us.

Those were, of course, the ORCL Weekly $121-123 Calls that we initially marked in Tuesday’s report, and yesterday’s new targets were the LEN Weekly $117-118 Calls, and the KR Weekly $47-46 Puts. Here were the numbers they posted for the session.

ORCL Weekly $121-123 Calls
$121: .53-6.39 (+1195%)
$122: .38-5.39 (+1696%)
$123: .30-4.28 (+1326%)
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LEN Weekly $117-118 Calls
$117: 1.55-3.50 (+126%)
$118: 1.30-2.75 (+111%)
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KR Weekly $47-46 Puts
$47: 1.19-2.56 (+115%)
$46.50: .90-2.10 (+133%)
$46: .59-1.79 (+203%)

Fresh Options Ideas:
ADBE Weekly $510-515 Calls*
SPY 06/16 $440-442 Calls*

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

Nikola Corp. NKLA – Recap:

We’ve also got a brief update to relay on NKLA, which we had in Wednesday morning’s extended watchlist. From its low of .99 on Wednesday, the stock has now run up to a high of 1.83. That works out to a two day swing of 85%

Extended Watchlist:
EVLO, HGEN, SPCE, VCIG, ONCR, SURF, FRCB, BDPT, GDVM