Blue Horseshoe Stocks

Blue Horseshoe Stocks: SPY Explodes

SPDR S&P500 (ETF) SPY – Options Update

We have got a very brief update for today’s newsletter concerning our fresh options trading idea from yesterday morning in the SPY Chain. We cautioned readers that after Friday’s market sell-off, we looked to be in line for a ‘dead-cat bounce’ for stocks, and that is exactly what occurred.

Our idea was to track the SPY Weekly $287-288.50 Calls as the markets reversed, and not only did we get the rebound we were after, but the gains persisted throughout the entirety of the session.

That made for some truly spectacular profit possibilities, especially the $288 Calls, which produced an epic intraday upswing:

SPY Weekly $287-288.50 Calls
$287 Calls – Range: .17-1.35 – Max Gain: 694%
$287.50 Calls – Range: .05-.91 – Max Gain: 1720%
$288 Calls – Range: .01-.43 – Max Gain: 4200%
$288.50 Calls – Range: .01-.07 – Max Gain: 600%
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Updated Idea:
We would like to update this SPY idea to stay close to the action, and will be tracking the
SPY 08/28 $288.50-290.50 Calls through today and into tomorrow.

Extended Watchlist:
USLV, PZZA, TNXP, JNJ, PIR, OSTK

Blue Horseshoe Stocks: Fresh SPY Calls

Foot Locker, Inc. FL

We had a group of options ideas lined up on Friday, and then the bottom proceeded to fall out of the markets, rendering our bearish idea for FL the main attraction for the day.

We designated the Foot Locker FL $38-36.50 Puts as our items of interest, and the intraday activity was good for the following gain opportunities.

Foot Locker FL $38-36.50 Puts
$38 Puts – Range: 1.30-4.20 – Max Gain: 223%
$37.50 Puts – Range: 1.10-3.10 – Max Gain: 182%
$37 Puts – Range: .85-3.10 – Max Gain: 265%
$36.50 Puts – Range: .75-2.80 – Max Gain: 273%

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Fresh Options Idea:
Speaking of the market sell-off, it appears as if we may experience a dead-cat bounce today, and we will will have some SPY ideas ready for that possibility. We’ll track the
SPY Weekly $287-288.50 Calls to kick things off this week.

PaperFree Medical Solutions, Inc. PFMSWe also want to provide a brief recap of a solid OTC call we had from earlier last week. We placed PFMS on watch in our premarket report on Tuesday, and the stock has posted quite a move over the ensuing four sessions.

From a low of .0029 on Tuesday, PFMS shot up to a new high of .0071 on Friday, marking an impressive intraweek swing of 145% With that kind of momentum, we’ll be sure to keep its slot on our watchlists reserved as we kick off another trading week.

Extended Watchlist:
PBIO, SOLY, FSLY, ATHX, DISH, VKTX, LIQT, AVGR

Blue Horseshoe Stocks: Plenty of Options

Dicks Sporting Goods, Inc. DKS – Options Recap

We kept the options train rolling yesterday morning, with a fresh quick-strike idea for the DKS chain. Our targets of interest were the DKS Weekly $34.50-36 Calls and we got some very respectable moves out of each of those four sets of contracts.

The company posted solid quarterly figures, even as the sports superstores continued to curtail hunting/gun departments in more than 120 of its stores. That allowed for 3 out of the four contracts to post multi-bag gains, with the fourth not far behind.

Here are your total possible intraday profits which could have been realized during yesterday’s session:

DKS Weekly $34.50-36 Calls
$107 Calls – Range: .65-1.15 – Max Gain: 77%
$108 Calls – Range: .43-.94 – Max Gain: 119%
$109 Calls – Range: .28-.95 – Max Gain: 239%
$110 Calls – Range: .20-.45 – Max Gain: 125%
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Fresh Ideas:
Foot Locker FL Weekly $38-36.50 Puts
The Buckle, Inc. BKE 09/20 $17.50-20 Calls
Salesforce.com, Inc. CRM Weekly $155-157.50 Calls
Overstock.com, Inc. OSTK Weekly $20-20.50 Calls

**Please DO NOT attempt to trade weekly options on a Friday unless you are an advanced-level trader with access to disposable funds!

Pier 1 Imports, Inc. PIR – Bottom Bouncer

We are catching PIR as it has just begun to come up off of its recently registered annual lows. We want to radar the stock here as it builds some momentum.

From current pricing, it would not be crazy to think that this retail stock may be capable of doubling as we approach retail season.

Blue Horseshoe Stocks: Killing it On the Options Front

Killing it On the Options Front

It seems each time we put out new ideas for potential options trades, tjhat we are met with instant success. Such has been the case for the last several calls as it seems we identify winners much more often than not. Most recently, yesterday morning in our premarket report, we highlighted some possible plays in TGT nand LOW, and they both turned in a winning card on the day.

Here are the trading ranges and total possible single-session profits that were available to anyone who happened to act on our suggestions:

TGT Weekly $98-101 Calls
$98 Calls – Range: 2.18-5.40 – Max Gain: 128%
$99 Calls – Range: 1.64-4.35 – Max Gain: 166%
$100 Calls – Range: 1.20-3.63 – Max Gain: 203%
*$101 Calls – Produced similar gains, however we were unable to pull up the corresponding data.

Update: We want to roll up and monitor the TGT Weekly $103-104 Calls into the end of the week.
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LOW Weekly $107-110 Calls
$107 Calls – Range: 1.95-3.20 – Max Gain: 64%
$108 Calls – Range: 1.40-2.47 – Max Gain: 76%
$109 Calls – Range: .95-1.94 – Max Gain: 104%
$110 Calls – Range: .60-1.41 – Max Gain: 135%
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Fresh Idea:
DKS Weekly $34.50-36 Calls
LB 09/13 $20-21 Calls

Extended Watchlist:
KIRK, CETX, PAYS, VIVE, PLX, JE

Blue Horseshoe Stocks: More Options Success

Options Reviews

Our prowess in identifying some of the best quick strike options idea around is always showing itself. We signaled two more fresh options ideas in yesterday morning’s premarket report, and despite a down day for the markets, our ideas managed to buck the trend, and produce single-session gain opportunities of a significant nature.

BIDU and MDT were both post-earnings plays and they both yielded some nice potential profits, to the tune of multi-bag moves in every single set of targeted contracts:

Baidu, Inc. BIDU Weekly $113-116 Calls
$113 Calls – Range: 1.18-2.51 – Max Gain: 113%
$114 Calls – Range: .87-2.03 – Max Gain: 133%
$115 Calls – Range: .67-1.65 – Max Gain: 146%
$116 Calls – Range: .52-1.38 – Max Gain: 165%
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Medtronic plc MDT Weekly $107-109 Calls
$107 Calls – Range: .90-3.00 – Max Gain: 233%
$108 Calls – Range: .29-2.10 – Max Gain: 624%
$109 Calls – Range: .25-1.45 – Max Gain: 480%
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More Fresh Ideas:
TGT Weekly $98-101 Calls
LOW Weekly $107-110 Calls

Extended Watchlist:
NTRR, CDIX, REI, TRQ, EROS, ADOM, ARDX, OBLN, DQ