Blue Horseshoe Stocks

Earnings Related Options Plays & More

More Options Runners:

The bulls won the day yesterday, pushing the markets to new highs into the close, but that didn’t prevent our mixed bag of long and short option ideas from yielding intraday moves across the board. Our premarket report contained three fresh ideas for the session.

We were looking at the BABA Weekly $108-105 Puts, the MRNA Weekly $127-131 Calls, and the SPY 02/24 $416-414 Puts, and in the case of the bearish plays those gain opportunities came early in the day. Here were the positive intraday moves in those targets, as well as the new highs set by our Overstock ideas from Wednesday’s report:

BABA Weekly $108-105 Puts
$108: 2.72-5.27 (+94%)
$107: 2.18-4.50 (+106%)
$106: 1.90-3.77 (+98%)
$105: 1.50-3.20 (+113%)
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MRNA Weekly $127-131 Calls
$127: 17.02-26.11 (+53%)
$128: 17.90-25.97 (+45%)
$129: 16.07-21.77 (+35%)
$130: 12.23-24.57 (+101%)
$131: 14.65-21.00 (+43%)
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SPY 02/24 $416-414 Puts
$416: 2.68-4.32 (+61%)
$415: 2.40-3.83 (+60%)
$414: 2.12-3.43 (+62%)
_____

OSTK Weekly $41-44 Calls
$41: 5.22-10.55 (+102%)
$42: 4.35-11.20 (+157%)
$43: 3.70-10.80 (+192%)
$44: 3.34-9.13 (+173%)

Fresh Options Ideas:
SQ Weekly $110-115 Calls*
COIN Weekly $177.50-182.50 Calls*
SPY 02/25 $428-431 Calls*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!

Imperial Petroleum, Inc. IMPP – Recap:

We’ve also got a brief update on an OTC stock we tagged for observation when we kicked off this short week in our report on Tuesday morning. We’ve also kept it in the extended watchlist for the week. The stock saw a subsequent low of .631 following our initial alert, and broke out to 1.75 yesterday, which marks a three-day upswing of 177%

Extended Watchlist:
CYRN, UUU, KAR, PKKFF, JPEX, NWTT, BOPO,

Bucking the Trend with Options

Big Time Options Success:

Despite the markets sliding over the Russia-Ukraine conflict anxieties, we managed to round up a fair few options winners in our premarket report yesterday morning. Only one longer term idea failed to instantly materialize, with all of our quick strike options plays posting solid gains on the day.

Not only do we have updates on those targets, but we also have a recap of our idea on PBR in Tuesday’s report, so the figures we have to present here are from the TJX Weekly $65-63 Puts, the PANW Weekly $495-505 Calls, the LOW Weekly $217.50-222.50 Calls, the OSTK Weekly $41-44 Calls, and the PBR Weekly $14-15 Calls.

Here are the moves posted and the total possible gains for traders who were in the mix:

TJX Weekly $65-63 Puts
$65: 1.00-3.21 (+221%)
$64: .70-2.74 (+291%)
$63: .50-1.90 (+280%)
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PANW Weekly $495-505 Calls
$495: 1.60-4.51 (+182%)
$497.50: 1.95-3.55 (+82%)
$500: 1.16-3.31 (+185%)
$505: .90-2.20 (+144%)
_____

LOW Weekly $217.50-222.50 Calls
$217.50: 6.22-10.90 (+75%)
$220: 4.45-8.80 (+98%)
$222.50: 3.30-7.00 (+112%)
_____

OSTK Weekly $41-44 Calls
$41: 5.22-9.20 (+76%)
$42: 4.35-8.83 (+102%)
$43: 3.70-8.50 (+130%)
$44: 3.34-6.51 (+95%)
_____

PBR Weekly $14-15 Calls
$14: .43-.82 (+91%)
$14.50: .22-.45 (+105%)
$15: .11-.23 (+109%)

Fresh Options:
BABA Weekly $108-105 Puts
MRNA Weekly $127-131 Calls
SPY 02/24 $416-414 Puts*

*Please use caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds!

Extended Watchlist:
INDO, CEI, IMPP, USWS, ENSV, BOIL, PHIL, ICOA, VYST, CGSI,

5 Sets of Options Ideas & More

Options Reviews:

First item on our to-do list this morning is to review our winning options ideas from yesterday morning’s premarket report. Two of our designated sets of potential trading targets turned in multibag performances on the day, in what was a session of mixed results for the markets in general.

Our winning selections were the HD Weekly $342.50-335 Puts, and the DWAC Weekly $92-96 Calls, which both came off of the daily earnings play list. We went short on Home Depot and long on DWAC, and here were the intraday results on those ideas:

HD Weekly $342.50-335 Puts
$342.50: 10.63-29.87 (+181%)
$340: 7.80-27.44 (+252%)
$337.50: 8.25-23.35 (+183%)
$335: 5.00-21.10 (+322%)
_____

DWAC Weekly $92-96 Calls
$92: 3.50-7.50 (+114%)
$93: 3.25-7.00 (+100%)
$94: 3.10-6.83 (+120%)
$95: 2.87-6.33 (+121%)
$96: 2.60-5.78 (+122%)

Fresh Options Ideas:
AWK 3/18 $150-155 Calls
TJX Weekly $65-63 Puts
LOW Weekly $217.50-222.50 Calls
PANW Weekly $495-505 Calls
OSTK Weekly $41-44 Calls

Extended Watchlist:
REVB, IMPP, INDO, MULN, TEN, ICOA, INND, NXMR, ZNOG,

Kicking Off the Short Trading Week

Another Flawless Options Outing:

We’re ready to kick things off on this holiday shortened trading week, and we hope everyone had a pleasant long weekend and is ready to dive right back into the the thick of things! We closed out last week on a high note, with all three of our designated options ideas in Friday morning’s premarket report producing multibag runs for us.

We were tracking the ROKU Weekly $115-112 Puts, the DE weekly $380-385 Calls, and the DKNG Weekly $21-20 Puts. Thanks in part to mixed results for the markets over the course of the session, we observed the following moves in our tracked contract sets regardless of whether we were long or short:

ROKU Weekly $115-112 Puts
$115: 3.29-12.45 (+278%)
$114: 3.08-11.20 (+263%)
$113: 2.74-10.21 (+273%)
$112: 2.40-9.40 (+292%)
_____

DE weekly $380-385 Calls
$385: 1.40-5.25 (+275%)
$382.50: .98-6.00 (+512%)
$380: 1.89-8.30 (+339%)
_____

DKNG Weekly $21-20 Puts
$21: 1.66-3.75 (+126%)
$20: .89-2.77 (+211%)

Fresh Options Ideas:
HD Weekly $342.50-335 Puts
WMB Weekly $30-31 Calls
DWAC Weekly $92-96 Calls
PBR Weekly $14-15 Calls

Extended Watchlist:
CIOXY, EVLI, AMLH, CGSI, SGTB, SYSX, PHUN, OCGN, IMPP, HMHC,

Sweeping the Board on Options, Fresh Plays

A Perfect Day of Options Trading:

Just to recap what worked from yesterday morning’s premarket report, we had a clean sweep with our options ideas. Our targets focusing on the Walmart, Applied Materials, and Cisco chains produced huge intraday moves despite as a whole experiencing a general sell-off on the day.

We were targeting the WMT Weekly $133-136 Calls, the AMAT Weekly $143-146 Calls, and the CSCO Weekly $55-56 Calls, all of which recorded multibag runs on the day. We’re used to finding quick-strike options trading success, but nobody can be right every time, so it’s always nice when we can report in with a perfect session.

Here were the big intraday moves posted by our designated contract sets:

WMT Weekly $133-136 Calls
$133: 2.10-6.05 (+188%)
$134: 1.06-5.30 (+400%)
$135: .32-4.50 (+1306%)
$136: .69-3.40 (+393%)
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AMAT Weekly $143-146 Calls
$143: .21-.78 (+271%)
$144: .19-.59 (+210%)
$145: .08-.43 (+437%)
$146: .06-.35 (+483%)
_____

CSCO Weekly $55-56 Calls
$55: .92-2.12 (+130%)
$55.50: .58-1.67 (+188%)
$56: .38-1.34 (+253%)

Fresh Options Ideas:
ROKU Weekly $115-112 Puts
DE weekly $380-385 Calls
DKNG Weekly $21-20 Puts

Industrial Nanotech, Inc. INTK – Recap:

We’ve also got a brief update on INTK, which we tagged in our extended watchlist yesterday morning. The stock made a solid move on the day, running from a low of .0299 on up to a high of .0445 on its second-highest volume session of the past year, which made for total possible gains of 49%

Extended Watchlist:
NRGV, QNGY, VTVT, FSRD, CELZ, ICOA, GCGX, TCFF,