Blue Horseshoe Stocks

Big Gainers, New Ideas

Donaldson Company Inc. DCI

With the earnings calendar still looking a bit light following the Thanksgiving lull, we are seeing one potential opportunity showing some synergy with the current market environment.

DCI missed on earnings published this morning, while also having been exhibiting a strong double top formation (bearish signal). Along with what looks to be a strong chance of another lackluster day for the markets at large, we are going to begin tracking the DCI 12/20 $50-45 Puts.

Kodiak Sciences, Inc. KOD

We also wanted to review the epic single session performance of KOD, which we included in yesterday’s premarket extended watchlist.

The stock responded with a huge run from 35.00 to a high of 72.97. That works out to an intraday surge of 108% which is simply incredible for a stock in this price range.

Organogenesis Holdings Inc. ORGO

Lastly, we’ve got a number of factors drawing our interest to ORGO. From a technical standpoint, the stock is looking ripe for rebound off of its bottom and potential topside gap fill.

Meanwhile, an institutional insider filed a Form-4 for the purchase of $30M near the current lows. When considering the entire picture, ORGO is definitely one that we will want to observe closely in the days, and possibly weeks ahead.

Extended Watchlist:
ADSV, ADAP, ABIL, ABEO, AXSM, SNSS, ORTX, BRMK

CGIX Recap, Retail Plays

Cancer Genetics Inc. CGIX – Review

We’re kicking off the trading month of September this morning with a recap oi the recent performance of a stock that we tagged for observation a couple of weeks back.

We included mention of CGIX in our morning report on November 15th as the stock was searching out a bottom. It established a low of 2.00 just a couple sessions after that, and hasn’t looked back since. In a series of huge days over the past week, CGIX has rocketed to a new high of 9.50. That worked out to an upswing of 375% in a matter of less than two weeks! Cheers to anyone who caught a ride on this shooting star!

Amazon Inc. AMZN – Fresh Options Idea

With Black Friday and Cyber Monday on track to record all time highs in online sales, we’re looking to some possible quick-strike options ideas in the AMZN chain, despite the fact that we typically stay away from the stock due to it’s incredibly high PPS.

What we’re going to do is radar some weekly calls to track over the next few sessions. We’ll follow the activity in the AMZN Weekly $1822.50-1827.50 Calls.

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Bonus Idea:
eBay Inc. EBAY 01/10 $36.50-37.50 Calls

Extended Watchlist:
MBIO, MDR, HEPA, KOD, SKT, ISR, INPX(52-week lows)

Black Friday Short Week Wrap-Up

Short Week Wrap-Up

We hope everyone enjoyed the midweek Thanksgiving break, and as we gear up to finish out the week with what we expect to be a relatively subdued half-day of trading, we just wanted to highlight the potential gains off of our fresh options ideas from Wednesday’s premarket report.

The session was majorly bullish for stocks as a whole, so our SPY calls were spot on and worked out very nicely, and we saw significant intraday gain opportunities from our targets in the BOX chain as well.

Here are the total daily gains that were on the table for these ideas:

SPY Weekly $314-315 Calls
$314 Calls – Range: .55-1.43 – Max Gain: 160%
$314.50 Calls – Range: .23-.94 – Max Gain: 309%
$315 Calls – Range: .09-.50 – Max Gain: 456%
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BOX Weekly $16-17 Calls
$16 Calls – Range: 1.80-2.90 – Max Gain: 61%
$17 Calls – Range: .95-1.91 – Max Gain: 101%

Fresh Options Idea

The earnings calendar is fairly empty this morning, but we did spot a potential play on the GIL chart. The stock is about to begin to fill a massive gap on the chart, while having just received an analyst upgrade.

We are going to put the Gildan Activewear, Inc. GIL 01/17 $25-35 Calls on watch for what could be a huge opportunity in the coming weeks.
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Bonus Ideas:
GOL Weekly $16 Calls
KPTI 01/17 $17.50-20 Calls

Extended Watchlist:
PGSY, ONTX, TEUM, VISL, WAFU,

Midweek Options Updates

Midweek Options Review

As we head into the Thanksgiving break with exactly one and a half trading sessions remaining for the whole week, we wanted to first update our readers on the excellent fresh options ideas we put forth in yesterday morning’s premarket report.

We went bearish on Dollar Tree and bullish on Nutanix, and big intraday gain opportunities presented themselves across the board, in every set of contracts in our designated tracking ranges.

Cheers to any of our readers who were able to take advantage of the alert and snag some of these solid gains on the day:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
$99 Puts – Range: 2.64-5.30 – Max Gain: 101%
$98.50 Puts – Range: 3.37-5.70 – Max Gain: 69%
$98 Puts – Range: 2.38-5.05 – Max Gain: 112%
$97 Puts – Range: 1.40-3.81 – Max Gain: 172%
$96 Puts – Range: .70-3.01 – Max Gain: 330%
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Nutanix, Inc. NTNX $33.50-35 Calls
$33.50 Calls – Range: .40-.98 – Max Gain: 145%
$34 Calls – Range: .20-.65 – Max Gain: 225%
$34.50 Calls – Range: .15-.40 – Max Gain: 167%
$35 Calls – Range: .10-.30 – Max Gain: 200%

Fresh Ideas:
SPY Weekly $314-315 Calls
BOX Weekly $16-17 Calls
VMW Weekly $165-170 Calls

Extended Watchlist:
IBIO, LODE, GALT, OCGN, AVEO, OBSV

ANAB Options Heating Up

AnaptysBio Inc. ANAB – Update

Today we want to come back to update on the progress of a longer-term options idea we formulated a couple of weeks ago on the 11th. We mentioned that we were interested in tracking the ANAB 01/17 $10-15 Calls, and it has turned out to be an excellent idea.

The stock itself has continually ramped its way up , filling some of the topside gap on the chart, trading from a low of 10.08 on the morning of our initial alert, to a new high of 13.33 yesterday. That’s an increase of 32% on the stock alone, with the observed gains in our highlighted options making much more significant moves:

$10 Calls – Range: 1.50-3.20 – Max Gain: 113%
$12.50 Calls – Range: .50-1.50 – Max Gain: 200%
$15 Calls – Range: .23-.55 – Max Gain: 139%

As you can see on the following chart snapshot, indicators are strongly suggesting that ANAB should continue to make progress in filling the immense gap.

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Fresh Options Ideas:

We also have several companies reporting earnings this morning, and here are the potential opportunities that we find most attractive among them:

Dollar Tree, Inc. DLTR Weekly $99-96 Puts
Nutanix, Inc. NTNX $33.50-35 Calls

Extended Watchlist:
CREG, BXC, TRNX, DY, ONTX, DKS, GBT