Blue Horseshoe Stocks

Another Flip on the SPY, Fresh Ideas

Options Review:

It has been a stellar week for options trading, despite the markets having their hiccups. Yesterday was another mixed bag in terms of the overall sentiment, but both of the quick strike options plays we were tracking in our premarket report produced immediate results for us. The volatility afforded by recent market conditions has been a real plus for daytraders.

Our designated targets for yesterday’s session were the SPY 05/13 $392-389 Puts, and the DIS Weekly $101-98 Puts, and there were multi-bag intraday opportunities across the board in both ranges. Below, we’re going to flip our stance on the SPY as well, something we’ve done successfully many times in recent sessions, so be sure to read on past yesterday’s performance figures to find those fresh targets.

SPY 05/13 $392-389 Puts
$392: 2.40-8.02 (+197%)
$391: 2.02-7.30 (+262%)
$390: 1.74-6.60 (+279%)
$389: 1.47-5.90 (+301%)
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DIS Weekly $101-98 Puts
$101: .36-.95 (+164%)
$100: .23-.66 (+187%)
$99: .16-.43 (+169%)
$98: .11-27 (+145%)

Fresh Options Ideas:
SPY 05/13 $395-398 Calls*
AFRM Weekly $23.50-25 Calls*
SBUX Weekly $70-72.50 Calls*

**Please don’t try to trade options on their day of expiration unless you are well-versed in options trading!

Extended Watchlist:
MULN, OTRA, ALNA, CALA, PTE, HOOD, MYSZ, SYSX, IGEX, TGGI, ENZC, DMAN, NSAV, SFOR

COIN Puts Blast Off & More

Options Review:

It was a mixed bag sort of a day for the markets yesterday, as everything traveled up in the morning and came down in the afternoon. We had options ideas on both side of the tracks which managed to produce some very nice intraday gain opportunities for us. Typically we try to select targets that we feel have a solid chance of providing the kind of volatility needed to facilitate big moves in a short time frame, and that’s why we usually stick to companies that have untraded-upon earnings.

Our earnings plays that rattled off big moves yesterday were the EA Weekly $111-113 Calls and the COIN Weekly $65-55 Puts. In the case of the COIN targets. based on this morning’s premarket activity we would expect to see even more of an increase today over the figures you’ll see below from yesterday’s session:

EA Weekly $111-113 Calls
$111: 4.60-13.65 (+197%)
$112: 3.80-13.75 (+262%)
$113: 5.70-12.25 (+115%)
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COIN Weekly $65-55 Puts
$65: 6.00-15.20 (+153%)
$60: 3.30-10.80 (+227%)
$55: 1.85-7.10 (+284%)

Fresh Options Ideas:
SPY 05/13 $392-389 Puts
DIS Weekly $101-98 Puts
NICE 05/20 $185-190 Calls
HCP 07/15 $30-40 Calls

Extended Watchlist:
BCHG, HYSR, WHSI, PRCX, IINX, ALNA, CPMG, MITO, CGEM, RIDE, SLRX

SPY Gains, Longer-Term Plays on the Move

SPY Gains, Longer-Term Plays Popping:

In terms of our options trading ideas from yesterday morning’s premarket report, we saw rather unimpressive performances from a couple of our ideas. However, our laser-like accuracy in dealing with the SPY continued in spades with the SPY 05/11 $402-404 Calls, so we’ve got the figures on those for you this morning.

We will also circle back around to a couple of the longer-term sets of ideas we made last week which have made some very impressive moves for us so far, and don’t expire until the end of next week. We signaled possible plays in the EL 05/20 $250-230 Puts and the FTNT 05/20 $290-310 Calls on Tuesday and Thursday, respectively, and each of them has produced major moves, which were as follows:

SPY 05/11 $402-404 Calls
$402: 1.64-4.81 (+193%)
$403: 1.40-4.25 (+204%)
$404: 1.20-3.75 (+213%)
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EL 05/20 $250-230 Puts
$250: 5.29-22.87 (+332%)
$240: 2.75-13.84 (+403%)
$230: 1.45-8.50 (+486%)
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FTNT 05/20 $290-310 Calls
$290: 1.15-4.60 (+300%)
$300: .75-2.75 (+267%)
$310: .45-1.45 (+222%)

Fresh Options Ideas:
EA Weekly $111-113 Calls
ALC Weekly 05/20 $65-70 Calls
COIN Weekly $65-55 Puts

Extended Watchlist:
VERU, XCUR, ELBM, LI, EMBK, CSSE, NWBO, PRCX, DVLP,

Another Clean Sweep on Options Targets

Options Winners Across the Board:

We really started off this trading week with a bang in yesterday morning’s premarket report. We swept the board with respect to our fresh options trading ideas for the day, as is fairly typical around here. We strive to show our readers multiple profit-generating opportunities on a daily basis, and it’s always nice when we can hit that objective without any stumbles.

Our targeted sets of contracts were the SPY 05/09 $408-405 Puts, the TSN Weekly $90-92.50 Calls, the PLTR Weekly $9-8 Puts, and the BNTX Weekly $136-139 Call, with those SPY Puts being the top runners out of the bunch, thanks to a drooping day for the markets at large.

Here are the full ranges and total possible profits to be made off of these plays yesterday:

SPY 05/09 $408-405 Puts
$408: 3.90-11.11 (+185%)
$407: 3.34-10.15 (+204%)
$406: 2.85-9.10 (+219%)
$405: 2.37-8.32 (+251%)
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TSN Weekly $90-92.50 Calls
$90: 2.50-4.47 (+79%)
$92.50: 1.40-2.91 (+108%)
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PLTR Weekly $9-8 Puts
$9.00: .59-1.71 (+189%)
$8.50: .51-1.25 (+145%)
$8.00: .27-.84 (+211%)
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BNTX Weekly $136-139 Calls
$136: 7.10-12.00 (+79%)
$137: 7.00-11.00 (+57%)
$138: 6.00-9.96 (+66%)
$139: 5.70-10.31 (+81%)

Fresh Options Ideas:
SONY Weekly $81-83 Calls
SYY Weekly $82-85 Calls
SPY 05/11 $402-404 Calls

Extended Watchlist:
EVAX, VRM, KXIN, VTNR, KOLD, BHVN, SWMAY, THER, OPTI, OSKA, ILIM

Huge Day for Options on Friday, 4-Pack of Fresh Plays

Massive Gainers From Friday’s Report:

It was a choppy day for the markets in general on Friday, but that didn’t stop our trio of options ideas for the day from putting on a banner performance. Every single contract set that we selected for observation in our morning report yielded the opportunity at some fantastic intraday gains. Typically, increased volatility is an options traders friend, provided you have a feel for when to dip in and out, which comes with time and experience.

The targets we were monitoring were the , the, and the , and as you can see from the daily ranges and total upswings, these were no mild runners. The earnings calendar for today isn’t quite as substantial, but we still hashed out a four-pack of new ideas below.

Here were the profitable possibilities brought by Friday’s plays:

SPY 05/06 $412-414 Calls
$412: .93-4.34 (+367%)
$413: .73-3.71 (+708%)
$414: .58-3.13 (+439%)
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SQ Weekly $96-99 Calls
$96: .37-3.00 (+711%)
$97: .24-2.39 (+896%)
$98: .20-1.83 (+815%)
$99: .14-1.21 (+764%)
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EOG Weekly $123-125 Calls
$123: 2.65-7.93 (+199%)
$124: .90-8.30 (+822%)
$125: 1.40-6.00 (+329%)

Fresh Options Ideas:

SPY 05/09 $408-405 Puts
TSN Weekly $90-92.50 Calls
PLTR Weekly $9-8 Puts
BNTX Weekly $136-139 Calls

Extended Watchlist:
THER, GHMP, RNVA, NUGN, CYAP, BTTX, LOGC, DPSI, MREO, FNGD