Blue Horseshoe Stocks

Massive SPY Puts from Monday, 4 Fresh Plays

Monday’s Mega Mover:

We were without a whole slate full of options ideas for yesterday’s session after only including one range of SPY Puts for our premarket report. Fortunately for us and anyone who was tracking along with us, that was the only idea we needed. The markets took another tariff-related gut punch and produced mammoth gain opportunities in those bearish targets exceeding 1000% in each case. From the look of things in the premarket, we’ll likely be flipping to the bullish side of the fence for today.

The strikes that we were on top of yesterday were the SPY 04/07 $499-497 Puts, and they produced the following astronomical upticks:

SPY 04/07 $499-497 Puts
$499: 1.09-15.82 (+1351%)
$498: 1.06-14.08 (+1228%)
$497: 1.03-12.73 (+1136%)

Fresh Options Ideas:
SPY 04/08 $517-519 Calls
LEVI Weekly $15 Calls
NVDA Weekly $100-102 Calls
DELL Weekly $77-78 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
BTOG, GLXG, CYCU, ONCO, NAOV, TRNR, SXTP, NYXH

Friday’s Movers, SPY Play for Monday

Friday Options Recap:

We were in pretty good shape to finish out the week on Friday with the ideas we formulated for our premarket report. We were bearish on the SPY, as we’ll continue to be today, but even the couple of calls we stuck in the mix recorded some nice intraday moves despite the overall bloodbath that occurred.

Our interests were the SPY 04/04 $524-522 Puts, the KO Weekly $73 Calls, and the JNJ Weekly $160 Calls. These were the biggest upswings they produced during Friday’s session:

SPY 04/04 $524-522 Puts
$524: 9.00-19.97 (+122%)
$523: 3.30-18.62 (+464%)
$522: 2.94-17.77 (+504%)
_____

KO Weekly $73 Calls
$73: .10-.46 (+360%)
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JNJ Weekly $160 Calls
$160: .56-.85 (+52%)

Fresh Options Ideas:

In the absence of any premarket earnings reporters and heavier than usual uncertainty in the air, today we’re just going to stick with the notion that SPY Puts are a safe bet, and simply update our potential strike area. We’ll go with the SPY 04/07 $499-497 Puts*.

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Options Recaps, 3 Chances for Friday

Thursday’s Runners:

We went pretty light on options ideas yesterday for our premarket report , including just a pair of possible plays for the session. We’ve been a bit thin on earnings reporters to base our ideas on, and that’s going to be the case today as well. Things should pick up a bit on that front next week.

As for yesterday’s potential targets, the SPY 04/03 $549-546 Puts, and the RH Weekly $175-172.50 Puts, these were the biggest upswings we witnessed in each one for Thursday’s session:

SPY 04/03 $549-546 Puts
$549: 3.96-11.68 (+195%)
$548: 3.25-11.00 (+238%)
$547: 2.64-9.94 (+276%)
$546: 2.06-8.93 (+334%)
_____

RH Weekly $175-172.50 Puts
$175: 11.00-36.25 (+229%)
$172.50: 12.43-31.70 (+155%)

Fresh Options Ideas:
SPY 04/04 $524-522 Puts*
KO Weekly $73 Calls*
JNJ Weekly $160 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
MULN, ICCT, ENTO, BDRX, CXAI, WCT, JYD, SGMO, IMG

Midweek Movers, Pair of New Plays

Rundown of Wednesday’s Plays:

Wednesday brought more opportunities for us to extend our streak of wins, as we managed to hash out a slate of three solid ideas in our premarket report for the day. We’ll likely stay on the bearish side of the fence once again today, from the looks of things here in the premarket.

As for our targets from yesterday, those were the SPY 04/02 $557-555 Puts, the BB Weekly $4-3 Puts, and the NCNO 04/17 $20-17.50 Puts. They yielded the following intraday chances:

SPY 04/02 $557-555 Puts
$260: .30-.93 (+210%)
$262.50: .24-.72 (+200%)
$260: .20-.56 (+180%)
_____

BB Weekly $4-3 Puts
$4: .53-.73 (+38%)
$3.50: .12-.21 (+75%)
$3: .01-.04 (+300%)
_____

NCNO 04/17 $20-17.50 Puts
$20: .60-.75 (+25%)
$17.50: .05-.15 (+200%)

Fresh Options Ideas:
SPY 04/03 $549-546 Puts*
RH Weekly $175-172.50 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
PTIX, PMAX, APVO, TIVC, OSRH, SMST, NIVF

Tuesday Review, 3 Fresh Ideas

Tuesday’s Solid Calls:

We added another successful session to the logs yesterday, as all of the potential options daytrades we floated in our premarket report yielded positive results. We had three potential targets and saw appreciable intraday runs, most of which exceeded double-bag gain chances.

Our interests for the day were the PVH 04/17 $75 Calls, the PRGS 04/17 $55-57.50 Calls, and the TSLA Weekly $260-262.50 Calls. Their best moves for the session were as follows:

PVH 04/17 $75 Calls
$75: 3.00-4.60 (+53%)
_____

PRGS 04/17 $55-57.50 Calls
$55: 1.40-3.15 (+125%)
$57.50: .70-1.80 (+157%)
_____

TSLA Weekly $260-262.50 Calls
$260: 10.80-22.04 (+104%)
$262.50: 9.70-20.00 (+106%)

Fresh Options Ideas:
SPY 04/02 $557-555 Puts*
BB Weekly $4-3 Puts
NCNO 04/17 $20-17.50 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist Reviews:

We also had a couple of big movers come off of the extended watchlist in yesterday’s report, whose gains we want to relay this morning.

ReShape Life Science, Inc. (NASDAQ:RSLS):
Range: .72-3.05 – Max Gain: +324%

BioAffinity Inc.(NASDAQ:BIAF)
Range: .57-1.55 – Max Gain: +172%

Extended Watchlist:
DGLY, IBG, QNRX, CNTM, SPWH, AGMH, ALLK, TCRT