Blue Horseshoe Stocks

Closing Out the Week on a High Note

Sweeping Success for Earnings-Related Options Ideas:

Focusing primarily upon big name companies that have just released their earnings reports for our daily options ideas is our standard mode of operation, and for good cause. It’s generally the most straightforward way to find plays with the kind of volatility needed for sizable single-session gain opportunities.

Add in the fact that the markets put forth another rip-roaring performance yesterday, and we were met with yet another clean sweep of our daily board, seeing gains in all four of our designated targets from yesterday’s premarket report.

We were tracking the DLTR Weekly $149-155 Calls, the DG Weekly $212.50-217.50 Calls, the BABA Weekly $84-86 Calls, and the SPLK Weekly $94-97 Calls. Here were the daily ranges and total possible intraday profits that they yielded:

DLTR Weekly $149-155 Calls
$149: 10.02-13.79 (+38%)
$150: 7.00-13.55 (+94%)
$152.50: 5.46-10.60 (+94%)
$155: 4.30-8.32 (+93%)
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DG Weekly $212.50-217.50 Calls
$212.50: 6.32-10.96 (+73%)
$215: 4.50-9.10 (+102%)
$217.50: 2.98-7.15 (+140%)
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BABA Weekly $84-86 Calls
$84: 2.77-12.28 (+343%)
$85: 3.20-10.50 (+228%)
$86: 2.50-9.00 (+260%)
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SPLK Weekly $94-97 Calls
$94: 6.08-8.20 (+35%)
$95: 4.61-7.20 (+56%)
$96: 4.77-6.30 (+32%)
$97: 3.44-4.82 (+40%)

Fresh Options Ideas*:
PDD Weekly $44.50-46 Calls
ZS Weekly $148-152.50 Calls
MRVL Weekly $58-60 Calls
DELL 06/17 $50-52.50 Calls
SPY 05/27 $406-408 Calls

*All of today’s selections expire at the close. Trading options on their day of expiration carries a higher risk level and should only be attempted by seasoned options traders.

Extended Watchlist:
SYSX, RLFTF, ADHC, RBVTF, OZSC, TLSS, CPWR, ABDL, SIGA,

Market Surge Fuels Big Options Opportunities

Market Surge Fuels Big Options Opportunities:

The markets this week have been chopping up and down and all around, and that kind of volatility is a trader’s paradise. The worm turned once again yesterday, with stocks on the rise for nearly the entire session. Not only did all of our options targets from yesterday morning’s premarket report get sent for a ride, but previous plays from earlier in the week tacked on some impressive new highs as well.

We’ll start off below with yesterday’s fresh ideas, which were the TOL Weekly $44-46 Calls, the DKS Weekly $65-63 Puts, and the JWN Weekly $21-22 Calls. Then we’ll update the two-day swing figures of the WOOF Weekly $15-16 Calls, and the ZM Weekly $91.50-93 Calls which we signaled for observation in Tuesday’s report.

TOL Weekly $44-46 Calls
$44: 2.50-3.90 (+56%)
$45: 1.60-3.50 (+119%)
$46: 1.05-2.60 (+148%)
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DKS Weekly $65-63 Puts
$65: 1.51-2.75 (+82%)
$64: 1.39-2.30 (+65%)
$63: 1.13-1.90 (+68%)
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JWN Weekly $21-22 Calls
$21: .59-2.66 (+351%)
$21.50: .48-2.25 (+369%)
$22: .33-1.80 (+445%)
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WOOF Weekly $15-16 Calls
$15: .20-1.00 (+400%)
$15.50: .15-.56 (+273%)
$16: .05-.35 (+600%)
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ZM Weekly $91.50-93 Calls
$91.50: 2.77-12.28 (+343%)
$92: 2.48-11.15 (+350%)
$93: 2.20-11.10 (+404%)

Fresh Options Ideas:
DLTR Weekly $149-155 Calls
DG Weekly $212.50-217.50 Calls
BABA Weekly $84-86 Calls
SPLK Weekly $94-97 Calls

Extended Watchlist:
ILUS, HMNU, EMETF, NNOMF, CPWR, TCBP, GOBX, IQ,

Options Gainers Across the Board, New Ideas

Options Gainers Across the Board:

The markets were back to the doldrums yesterday, gapping down to start and never getting back above water on the session, but that didn’t stop us from scoring some decent gain chances with the options ideas in our premarket report. Not all of those potential gains were earth-shattering, but several were extremely solid, and the remainder was respectable.

We were tracking the NTES Weekly $98-100 Calls, which put forth the moderate opportunities, while the WOOF Weekly $15-16 Calls, and the ZM Weekly $91.50-93 Calls fared quite a bit better, as they logged extra large multi-bag spikes on the day. Take a look at the figures from these successful plays below:

NTES Weekly $98-100 Calls
$98: 1.25-1.88 (+50%)
$99: .95-1.41 (+48%)
$100: .80-1.15 (+44%)
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WOOF Weekly $15-16 Calls
$15: .20-.70 (+250%)
$15.50: .15-.40 (+167%)
$16: .05-.25 (+400%)
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ZM Weekly $91.50-93 Calls
$91.50: 2.77-7.25 (+162%)
$92: 2.48-7.20 (+190%)
$93: 2.20-6.44 (+193%)

Fresh Options Ideas:
TOL Weekly $44-46 Calls
DKS Weekly $65-63 Puts
JWN Weekly $21-22 Calls

Extended Watchlist:
IGEX, INTK, PMETF, ABML, GNCA, MICS, HAPP, ELEV, MOTS,

Playing the SPY Like a Fiddle, Fresh Ideas

SPY Calls Surge on Market Pop:

We had just some daily SPY Calls and a longer term idea in yesterday morning’s premarket report, the latter of which isn’t really primed for an immediate update, but we most certainly came down on the right side of the fence with the SPY. The markets ripped all day long, and provided us with the catalyst for some really nice intraday gain opportunities.

We were tracking the SPY 05/23 $391-393 Calls, and all three of the contract sets contained within recorded huge multibag runs for us. The total possible daily gains were as follows:

SPY 05/23 $391-393 Calls
$391: 2.04-6.82 (+234%)
$392: 1.58-5.81 (+268%)
$393: 1.19-5.05 (+324%)

Fresh Options Ideas:
NTES Weekly $98-100 Calls
WOOF Weekly $15-16 Calls
ZM Weekly $91.50-93 Calls

Watchlist Runners:

We saw some solid movement out of some of the plays off of yesterday morning’s extended watchlist. CBIO ran following the announcement of a $60M asset sale to Vertex, while GOVX was another stock boosted by the rising concerns over monkeypox, which has officially made its way to the US, and seems to a hot-button catalyst for related plays at the moment. .

Catalyst Biosciences, Inc. CBIO
Daily Range: .90-1.47
Gained: +63%
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GeoVax Labs, Inc. GOVX
Daily Range: 1.65-2.85
Gained: +73%

Extended Watchlist:
RGBP, IGEX, PLPL, ETCG, PRCX, TONR, EVOL, TXTM, BIMI, ZVO, GFAI, BTTX, SWTX, CTEK

More Sweeping Options Success, Fresh Ideas

A Second Consecutive Clean Options Sweep:

We crushed it on options ideas in Friday morning’s premarket report, setting our readers up with three earnings related trading possibilities, all of which produced big intraday gains. The markets slid all the way until shortly after lunchtime, and then clawed their way back, running into the close, which allowed for great movement in both our bullish and bearish ideas. It was the second straight day where literally everything we highlighted went bananas.

We were tracking the FL Weekly $29-31 Calls, the PANW Weekly $475-487.50 Calls, and the DE Weekly $360-350 Puts, and each and every contract set contained within those ranges recorded large runs, and yielded the chance at the following excellent gain opportunities:

FL Weekly $29-31 Calls
$29: 1.80-2.80 (+56%)
$30: .87-1.85 (+113%)
$31: .38-.99 (+161%)
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PANW Weekly $475-487.50 Calls
$475: .25.-3.67 (+1368%)
$477.50: .20-2.00 (+900%)
$480: 5.98-16.00 (+168%)
$482.50: 6.06-11.00 (+82%)
$485: 4.00-11.89 (+197%)
$487.50: 3.77-10.55 (+180%)
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DE Weekly $360-350 Puts
$360: 15.50-51.00 (+229%)
$355: 14.00-47.04 (+236%)
$350: 12.35-45.42 (+268%)

Fresh Options Ideas:
SPY 05/23 $391-393 Calls*
COIN 06/10 $70 Calls

*Trading options on their day of expiration can be risky. Please don’t try it unless you are well-versed in options trading.

Siga Technologies, Inc. SIGA – Update:

It’s always a good idea to copy our daily extended watchlists into your favorite tracking site/software and monitor their activity along with us. Many times they will contain hidden OTC gems like SIGA, which just received FDA approval for intravenous (IV) formulation of its TPOXX® monkeypox treatment. It was even mentioned by name in a recent budget request from the Biden administration for treatments against the rising health threat.

SIGA appeared in Thursday morning’s extended watchlist and saw a low of 8.00 that day. This morning in early trading the stock is up as much as 119% to a premarket high of 17.50. We will continue tracking its movements as the FDA news continues to filter through the investment community.

Extended Watchlist:
PBI, CMRX, GOVX, CBIO, VMW, PRCX, THER, RDGL, HIRU, ITNS, URYL