Blue Horseshoe Stocks

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

Potential Swing Trades to Track into 2022

Bottom Play Options Candidates:

The winter holiday season is upon us, and it has been tough sledding over the past week with regard to the low amount of daily earnings reporters. Unfortunately, this down period is going to persist for the next month, but we will still make every effort to scout out and formulate trading ideas. We’ve gotten through other earnings dry spells before, and we’ll do it again this time as well!

Typically when there are no earnings to fuel intraday volatility that we can use to our advantage, we search for insider trading, and favorable technical setups as the next best thing. We’ve got some fresh ideas today that fall into both of those categories, with insider trades recently logged in VZIO and ETLB, and an interesting chart setup on TKR.

All three of these qualify as bottom plays that are going to be prime swing trade candidates to track into the new year:

TKR 01/21 $65-70 Calls
VZIO 01/21 $19-20 Calls
ETLB 01/21 $80-85 Calls

Extended Watchlist:
ICOA, NSAV, CCWF, TIPS, GRTX, GMTX, BFRI, CFVI, AVCT, NRPI, ICOA

Longer-Term Options Idea, Other Updates

PennyMac Financial Services Inc. PFSI – Options Review:

Not all of our daily options ideas are meant to be rapid strike plays, as we often include potential targets that have weeks or even months until expiration. One such ‘longer-term play’, as we typically refer to them, is in the PFSI chain. A little under two weeks ago, in our report from the morning of the 2nd, we signaled interest in a single contract set, the PFSI 12/17 $65 Calls.

On the day of that alert, they posted a low of .70, and after a series of bullish sessions, yesterday culminated into a new high of 4.77. That represents an upswing of 581% in a span in just eight trading days!

Fresh Options Ideas:
SPWH 04/14 $15 Calls

KYN Capital Group, Inc. KYNC – Recap:

On the stock side of things, we wanted to swing back around and recap the move we’ve witnessed in KYNC following our first of several tags of the stock in our premarket reports, on the morning of December 1st.

On that day two weeks ago, we saw KYNC trading for as little as .0035/share, and as of yesterday it had run as high as .0114, which brings our overall observed increase to 226%

Extended Watchlist:
IGMS, CEHD, VRUS, GAXY, GTII, ICOA, JPEX, TONR, SPWH, TCOM

Kicking Off a Fresh Trading Week

Winning Options Targets:

We are ready to hop right back in the saddle on this lovely Monday morning to kick off another exciting week of options trading. Last week brought many opportunities for daily success, and things finished off on a particularly high note for the three sets of options ideas that we had formulated for our readers in Friday morning’s premarket report.

We were interested in tracking the ORCL Weekly $97.50-100 Calls, the AVGO Weekly $610-625 Calls, and the ASO Weekly $43.50-45 Calls. and all of those recorded multibag intraday runs. Here are the ranges and total possible gains of those moves:

ORCL Weekly $97.50-100 Calls
$97.50: 3.00-6.25 (+108%)
$98: 2.61-5.30 (+103%)
$98.50: 2.13-4.55 (+114%)
$99: 1.74-4.22 (+143%)
$100: 1.08-3.75 (+247%)
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AVGO Weekly $610-625 Calls
$610: 11.10-35.54 (+220%)
$615: 9.72-28.34 (+191%)
$620: 4.40-24.70 (+461%)
$625: 3.66-19.68 (+438%)
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ASO Weekly $43.50-45 Calls
$620: .48-3.55 (+640%)
$625: .30-3.32 (+1006%)
$630: .15-2.30 (+1433%)

Fresh Options Ideas:

We’ve got a couple of longer term ideas with expiration dates next month to add to the mix this morning. We’ll track these over the next few weeks, and we’ll also go with some daily SPY Calls for a quick strike idea.

TSM 01/07 $122-124 Calls
NTP 01/22 $13-14 Calls
SPY 12/13 $470-471 Calls

Extended Watchlist:
EVBG, BLU, PTPI, FHTX, ARNA, EVBG, IGEN, TONR, KYNC, VYUS, ICNM, DSCR

Wrapping Up a Top-Notch Options Trading Week

Multibag Options Runners:

We spent the whole week going after solid options plays and as usual, found incredible success. Yesterday’s pair of fresh options ideas offered no exception to that trend, as both of them produced significant gain opportunities on the day.

We had the GME Weekly $175-165 Puts and the RH Weekly $620-635 Calls in our sights, and in each case we were met with the chance for multibag gains. Here were the figures on those ideas:

GME Weekly $175-165 Puts
$175: 5.95-24.00 (+303%)
$170: 4.15-18.80 (+353%)
$165: 2.58-14.67 (+468%)
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RH Weekly $620-635 Calls
$620: 17.15-39.10 (+128%)
$625: 19.13-35.62 (+86%)
$630: 14.83-32.50 (+119%)
$635: 12.49-27.64 (+121%)

OTC Recaps:

We’ve also got a couple of OTC-listed stocks that have appeared in our daily extended watchlists which produced some nice moves in recent sessions.

Zion Oil & Gas, Inc. ZNOG
Alerted: Nov.15th
Range: .0132-.0319
Gained: +142%
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iGen Networks Corp. IGEN
Alerted: Dec. 6th
Range:.0052-.0094
Gained: +81%

Fresh Options Ideas:

All of today’s new options targets expire at the end of the session, so to include our usual disclaimer, we must caution you that only experienced traders with access to disposable funds should trade weekly options contracts on a Friday.

ORCL Weekly $97.50-100 Calls
AVGO Weekly $610-625 Calls
ASO Weekly $43.50-45 Calls

Extended Watchlist:
ASTI, BLOZF, AAPT, GTII, BLFE, PCTL, SEGI,