Blue Horseshoe Stocks

Recapping Monday’s Movers, New Targets

Monday’s Options Recaps:

We were faced with rather slim pickings yesterday with regard to the type of big name, large-cap earnings reporters we typically like to take advantage of, but we didn’t let that stop us from picking a couple winners to kick off the trading week. Whenever we get hit with a dry spell for earnings, we always manage to find decent plays in their stead.

Yesterday’s premarket report focused on the EDR 04/21 $22.50-25 Calls, and the SAIC 04/21 $105-110 Calls, and the intraday results we witnessed were rather good. Here’s the breakdown of their daily activity and the total percentage gains that were on the table:

EDR 04/21 $22.50-25 Calls
$22.50: .60-.96 (+60%)
$25: .10-.20 (+100%)
_____

SAIC 04/21 $105-110 Calls
$105 3.23-6.63 (+105%)
$110: 1.20-2.90 (+142%)

Fresh Options Ideas:
TSE 04/21 $22.50 Calls
GLPG 04/21 $40 Calls
DOMO 04/21 $15 Calls

Extended Watchlist:
BFRG, BFLY, SECO, CDLX, HCNWF, CNBX, AMIH, WNDF, MONI

Big Options Movers, New Ideas

Winning Options Updates:

The markets ripped on Friday to close out what was a pretty exciting trading week, and as a result, both of the quick-strike options ideas we had included in our premarket report ended up recording some pretty good intraday runs for us. Additionally, we saw some new highs in a couple of longer-term ideas we’ve recently had.

Friday’s daily runners were the RUM Weekly $9.50-10 Calls and the SPY 03/31 $404-405 Calls which exhibited in the intraday moves listed below, and our previously tracked plays were the CPRI 04/21 $47.50 Calls (1st Alert: 03/24) and the UNFI 04/21 $22.50-25 Calls (1st Alert: 03/27). The following breakdown of those moves represent our observed lows following the dates linked to those reports, up to Friday’s new highs.

RUM Weekly $9.50-10 Calls
$9.50: .20-.86 (+330%)
$10: .05-.40 (+700%)
_____

SPY 03/31 $404-405 Calls
$404: 1.41-5.52 (+291%)
$405: .82-4.77 (+481%)
_____

CPRI 04/21 $47.50 Calls
$47.50: .33-1.53 (+364%)
_____

UNFI 04/21 $22.50-25 Calls
$22.50: 2.47-3.86 (+56%)
$25: .50-1.90 (+280%)

Fresh Options Ideas:
EDR 04/21 $22.50-25 Calls
SAIC 04/21 $105-110 Calls

Extended Watchlist:
INDO, AULT, IMPP, GFAI, USEG, VNET, ENSV, DPLS, CRTD, DRCR, IGPK, GSAC

Solid Finish to a Great Trading Week

Closing Out a Solid Week of Options Trading:

We put on another good show yesterday with respect to the daily options targets we posted in our premarket report. In this case two out of the three items we were monitoring produced significant intraday trading opportunities for us. Additionally, we’ve got some new highs to report for some of the longer-term targets we established late last week.

Yesterday’s runners were the RH Weekly $235-230 Puts and the SPY 03/30 $401-402 Calls, and our updates from last week’s plays include the GIS 04/21 $82.50 Calls and the CPRI 04/21 $47.50 Calls, which we alerted on Thursday and Friday, respectively. Here’s now all those numbers broke down for us, and carried the torch of our recent options success that much farther:

RH Weekly $235-230 Puts
$235: .60-2.71 (+352%)
$232.50: .35-1.82 (+420%)
$230: .30-1.35 (+350%)

_____

SPY 03/30 $401-402 Calls
$401: 1.14-2.85 (+150%)
$402: .53-1.84 (+249%)
_____

CPRI 04/21 $47.50 Calls
$47.50: .40-1.53 (+283%)
_____

GIS 04/21 $82.50 Calls
$82.50: .50-4.30 (+760%)

Fresh Options Ideas:
WGO 04/21 $55-60 Calls
RUM Weekly $9.50-10 Calls
SPY 03/31 $404-405 Calls

Extended Watchlist:
PSWW, PALI, SPRO, AULT, INPX, CHSN

Wednesday’s Options Perfection, Fresh Ideas

Another Clean Sweep on Options:

We really came through on the four options ideas we put on watch in yesterday morning’s premarket report. We had three earnings-related plays as well as some targets in the daily SPY, and witnessed some very nice activity out of our entire board. That leaves the number of unsuccessful options picks we’ve made this week at exactly one, with literally everything else we’ve mentioned providing some serious chances for quick profits.

Yesterday’s winning targets were the PAYX 04/21 $115 Calls, the LULU Weekly $367.50-372.50 Calls, the MU Weekly $59-61 Calls, and the SPY 03/29 $397-398 Calls, and here are the sorts of gains they provided for ourselves and our readers on the day:

PAYX 04/21 $115 Calls
$115: .75-3.80 (+407%)
_____

LULU Weekly $367.50-372.50 Calls
$367.50: 3.30-8.24 (+150%)
$370: 3.04-6.90 (+127%)
$372.50: 2.30-5.75 (+150%)
_____

MU Weekly $59-61 Calls
$59: 2.78-5.55 (+99%)
$60: 2.23-4.70 (+111%)
$61: 1.60-3.80 (+138%)
_____

SPY 03/29 $397-398 Calls
$397: 2.17-4.58 (+111%)
$398: 1.43-3.62 (+153%)

Fresh Options Ideas:
SMTC 04/21 $26-25 Puts
RH Weekly $235-230 Puts
SPY 03/30 $401-402 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders

Extended Watchlist:
PSWW, SCYX, BOXD, FRGT, SGBX

Solid Options Plays, Fresh Targets

More Options Review:

Yesterday turned out to be a very fruitful session for us, with three out of the four potential options trading targets we mentioned in our premarket report yielding some good intraday opportunities. No one can win them all, but it’s come to the point where missing on any of our ideas is a relative rarity for us, as any of our regular readers can attest.

Yesterday’s winning items of interest included the BABA Weekly $93-95 Calls, the MKC 04/21 $75-80 Calls, and the PVH 04/21 $80-85 Calls, with the BABA Calls providing the clearest path to big time profits.Here’s the breakdown of yesterday’s activity in these plays:

BABA Weekly $93-95 Calls
$93: 2.14-7.00 (+227%)
$94: 1.76-6.25 (+255%)
$95: 1.41-5.50 (+290%)
_____

MKC 04/21 $75-80 Calls
$75: 4.80-8.83 (+84%)
$80: 1.40-4.80 (+243%)
_____

PVH 04/21 $80-85 Calls
$80: 5.00-10.19 (+104%)
$85: 2.50-6.40 (+156%)

Fresh Options Ideas:
PAYX 04/21 $115 Calls
LULU Weekly $367.50-372.50 Calls
MU Weekly $59-61 Calls
SPY 03/29 $397-398 Calls*

*Trading options contracts on their day of expiration should not be attempted by inexperienced traders

Extended Watchlist:
EPAZ, HMBL, GMZB, PEMIF, CDSG, LOCL, BDRX, LGMX, HLBZ, JFIN