Blue Horseshoe Stocks

NKE, MU Options Recaps, Fresh Plays

Micron, Nike Options Recaps:

We signaled interest in just a couple of options chains yesterday, targeting Micron and Nike on the heels of their earnings reports. In particular, we were after the MU 12/23 $86-89 Calls, and the NKE 12/23 $157.50-162.50 Calls.

We hit on both ideas for the day, with all seven of the contract sets contained within those ideas producing notable intraday activity which yielded the following total possible gains:

MU 12/23 $86-89 Calls
$86: 2.79-5.35 (+92%)
$87: 2.13-4.45 (+109%)
$88: 1.52-3.62 (+138%)
$89: 1.27-2.86 (+125%)
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NKE 12/23 $157.50-162.50 Calls
$157.50: 7.70-10.88 (+41%)
$160: 5.65-8.87 (+57%)
$162.50: 3.75-6.45 (+72%)

Fresh Options Ideas:
TWTR 01/28 $48-50 Calls
KMX 12/23 $139-143 Calls

OTC Updates:

We’ve got more runners on the stock side of things to report this morning, including a new high in OWUV which just appeared in yesterday’s newsletter. ONPH is another OTC play we’ve been tracking this week and it also hit multi-bag gainer status.

Oncology Pharma, Inc. ONPH
Alerted: Dec. 20th
Range: 3.53-7.27
Gained: +106%
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One World Universe, Inc. OWUV
Alerted: Dec. 9th
Range: .153-.3998
Gained: +161%

Extended Watchlist:
NWBO, SBES, VBHI, DBRM, ICNM, CCAJ, GCEI, BVXV, AVCT, RCAT, BRTX

Hot Stock Runners, Fresh Ideas

Winning Options Recap: :

Yesterday’s quick-strike option idea was the NVAX 12/23 $230-235 Calls. We also had a longer-term play in the SNAP chain that will need some time to mature. For now, the gains in our NVAX targets weren’t exactly eye-popping, but they were very respectable for the session.

NVAX 12/23 $230-235 Calls
$230: 3.45-6.65 (+93%)
$235: 2.97-5.18 (+74%)

OTC Recaps:

We’ve also got a few stocks that we’ve recently flagged in our daily extended watchlists that have gone on to produce excellent multibag gains over the past few sessions.

Engage Mobility, Inc. ENGA
Alerted: Nov. 22nd
Range: .241-4.30
Gained: +1684%
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Palayan Res, Inc. PLYN
Alerted: Dec.16th
Range: .0805-.299
Gained: +271%
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One World Universe, Inc. OWUV
Alerted: Dec. 9th
Range: .153-.34
Gained: +122%

Fresh Options Ideas:
NKE 12/23 $157.50-162.50 Calls
MU 12/23 $86-89 Calls

Extended Watchlist:
ONPH, ELEMF, GOFF, AABB, ZNOG, RELI, SOPA, SAVA, ARDS, QNRX, PPSI, BFRI

Kicking Off the Holiday Week

Winning Options Recap: :

Here we are about to kick off one of two holiday-shortened weeks remaining in 2021. It’s hard to believe the year is already drawing to a close, but we can’t wait to carry the incredible success we’ve found over into 2022.

Speaking of which, our trio of options ideas that we offered up fresh for Friday morning’s premarket report all posted some really nice moves on the day. We were tracking the DRI Weekly $145-140 Puts, the WGO Weekly $70 Calls, and the FDX Weekly $247.50-252.50 Calls.

Here are the largest intraday moves and total possible gains that were there for these ideas on Friday:

DRI Weekly $145-140 Puts
$145: 2.90-6.12 (+203%)
$140: .08-1.10 (+1275%)
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WGO Weekly $70 Calls
$70: .14-1.40 (+900%)
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FDX Weekly $247.50-252.50 Calls
$247.50: 1.85-2.28 (+23%)
$250: .72-3.07 (+326%)
$252.50: .25-1.30 (+420%)

Fresh Options Ideas:
NVAX 12/23 $230-235 Calls
SNAP 01/28 $50-53 Calls

Extended Watchlist:
OWUV, ENGA, ICOA, FBCD, ONPH, CANF, SOPA, MRNA, SEAC, OCGN

Another Golden Trading Week on the Books

JBL, ACN Options Gainers:

Here we are at the end of another trading week, and we’re pleased to say we’re taking it out on a high note for our Friday report this morning! We had some excellent multibag-level success with yesterday morning’s freshly generated options targets.

We were tracking the JBL Weekly $60-65 Calls, and the ACN Weekly $405-415 Calls, and witnessed some really nice intraday gain opportunities for both. Here are the total gains that could have banked off of those plays on the day:

JBL Weekly $60-65 Calls
$60: 3.90-6.50 (+67%)
$65: .70-2.08 (+197%)
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ACN Weekly $405-415 Calls
$405: 4.91-10.49 (+114%)
$410: 2.47-7.49 (+203%)
$415: 1.28-5.02 (+292%)

Fresh Options Ideas*:
DRI Weekly $145-140 Puts
WGO Weekly $70 Calls
FDX Weekly $247.50-252.50 Calls

*Please don’t trade weekly options on a Friday unless you’re an experienced trader with access to disposable funds

Engage Mobility, Inc. ENGA – Review:

Switching gears over to the stock side of things, we have been tracking this OTC play for a little over a month, and the move it made is most definitely noteworthy.

ENGA began appearing in our extended watchlists last month on November 9th, and subsequent to that, was trading for as little as .131. This week, the stock shot out of a cannon and climbed as high as 2.55, which works out to a mega-increase of 1847%

Extended Watchlist:
AXXA, ARGQ, BLFE, MWWC, BUDZ, ADGI, SPRB, GNFT, EPAY

Recapping Runners, Fresh Ideas

VZIO Options Produce Instant Results:

Despite the fact that our three options ideas in yesterday’s premarket report were geared toward being longer-term plays to monitor over the next few weeks, in the case of VZIO, we witnessed prompt results as the daily activity provided for a very respectable intraday move for our tracked contracts.

Those were the VZIO 01/21 $19-20 Calls, which produced the following moves on our first day of observation. We will of course continue to monitor it and the other January Calls we signaled yesterday morning.

VZIO 01/21 $19-20 Calls
$19: .88-1.35 (+53%)
$20: .70-.90 (+29%)
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Fresh Options Ideas:
JBL Weekly $60-65 Calls
ACN Weekly $405-415 Calls

Icoa, Inc. ICOA – Recap:

We also wanted to provide a brief update on ICOA, which is a stock that we included in our watchlist on Tuesday morning. In that two-session span, it has recorded a solid upswing, trading from a low of .0073 on Tuesday, and reaching as high as .0133 yesterday.

That works out to an overall increase of 82% and with the signs of momentum buildup in this play over the last several sessions, we’re going to want to continue to keep an eye peeled as we head into the end of the week.

Extended Watchlist:
SBES, BDPT, GAXY, JPEX, PUGE, SMURF, PLYN, KXIN, CALT, GOEV