Blue Horseshoe Stocks

Blue Horseshoe Stocks: Great Start to the Week

T2 Biosystems, Inc. TTOO

This past Thursday morning, we cautioned our readers that TTOO was heavily oversold, and sniffing out a bottom with a massive gap to the upside. As it turned out, our timing on that alert could not have any better. The stock saw its low of .52 that day and hasn’t looked back since. Yesterday, TTOO reached .76 which works out to a three-day upswing of 46%, a modest yet respectable move.

More importantly, the stock is once again taking off on the heels of a fresh PR this morning (below), reaching a new high of 1.13 in premarket trading. That further extends our observed range on this play to 117% as TTOO begins to fill the gap on the chart that we mentioned which runs up to the 1.36 mark.

LEXINGTON, Mass., Aug. 06, 2019 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO) announced today that the United States Centers for Medicare & Medicaid Services (CMS) granted approval for a New Technology Add-on Payment (NTAP) for the T2Bacteria^® Panel for FY 2020.

The T2Bacteria Panel, the first and only FDA-cleared test to identify sepsis-causing bacterial pathogens directly from whole blood in 3 to 5 hours without the need to wait for blood culture, is now also the first and only in-vitro diagnostic test to ever receive approval for NTAP. (>>View Full PR)

Options Reviews

SPDR S&P500 (ETF) SPY – As a fresh options idea to start the week yesterday morning, and in light of the bearish market sentiments that we were sensing in the premarket, we went with SPY Weekly $290-288 Puts as our targets. Early indications ultimately proved to be correct, as the markets tanked on the day, sending those contracts on a huge ride.

The following multi-bag gains were there for taking:

$290 Puts – Range: 2.27-8.19 – Max Gain: 261%
$289.50 Puts – Range: 1.98-7.30 – Max Gain: 269%
$289 Puts – Range: 1.51-7.10 – Max Gain: 370%
$288.50 Puts – Range: 1.29-5.54 – Max Gain: 329%
$288 Puts – Range: 1.18-6.10 – Max Gain: 417%

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Allakos, Inc. ALLK – We also signaled interest in the ALLK 08/16 $45-60 Calls yesterday in opposition to the market activity we were observing, and those targets bucked the trend quite nicely, with three out of the four producing notable opportunities on the day:

$45 Calls – Range: 16.41-25.53 – Max Gain: 56%
$55 Calls – Range: 9.00-15 60 – Max Gain: 73%
$60 Calls – Range: 6.75-14.20 – Max Gain: 110%
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Fresh Idea:
Emerson Electric Co. EMR 08/30 $63-64 Calls
Innovative Industrial Properties, Inc. IIPR 08/16 $100-105 Calls

Extended Watchist:
ACB, ATRS, TOPS, KALA, PAYS, TELL, MYSZ, PLUG, CARS(Bottom-watch)

Blue Horseshoe Stocks: Fresh New Options Ideas

Alibaba Group Holding Ltd. BABA – Review
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On Friday morning, apart from recapping the amazing options idea we proffered in last week’s reports, we formulated one final fresh idea for the week. That was the BABA Weekly $165-162.50 Puts, and the performance there did not disappoint.

We sussed out multibag options gainers all week long, and this short on BABA was a solid way to cap it all off. The $165 Puts ran from a low of .78 and reached 2.26, for an intraday gain of 190% The $162.50’s also fared quite well, running from 1.84-4.36, which represents a 137% rip.
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SPDR S&P500 (ETF) SPY – Fresh Idea

In light of present conditions we’re observing, we’ll be staying on the short side of things with our fresh idea for today. We’re going to radar the SPY Weekly $290-288 Puts.

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Bonus Ideas:
Allakos, Inc. ALLK 08/16 $45-60 Calls
Boeing, Inc. BA 09/06 $340-350 Calls

Extended Watchist:
CEI, OESX, AYTU, FBIO, SAND, USLV

Blue Horseshoe Stocks: Another Big Week on the Books

Spot-On Options Review
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Our success with identifying potentially lucrative short-term options trading ideas continues to persist as we close out yet another amazing week of gain opportunities for ourselves and our followers. Please, if you’re not signed up for our newsletter, CLICK HERE and get subscribed today. Our options acumen regarding quick-strike, high volatility plays is second to none.

Case in point, we formulated a trio of fresh ideas for yesterday morning’s premarket report, and all three produced enormous intraday multi-bag moves. Here were the total gains available:

AMGN Weekly $185-187.50 Calls
$185 Calls – Range: .98-4.55 – Max Gain: 364%
$187.50 Calls – Range: .28-2.35 – Max Gain: 739%

SHOP Weekly $327.50-335 Calls
$327.50 Calls – Range: 6.90-22.87 – Max Gain: 231%
$330 Calls – Range: 6.08-20.67 – Max Gain: 240%
$332.50 Calls – Range: 5.10-18.00 – Max Gain: 253%
$335 Calls – Range: 2.70-15.97 – Max Gain: 491%

BYND Weekly $180-170 Puts
$180 Puts – Range: 3.20-9.62 – Max Gain: 200%
$177.50 Puts – Range: 2.44-7.91 – Max Gain: 224%
$175 Puts – Range: 1.70-6.29 – Max Gain: 270%
$172.50 Puts – Range: 1.20-4.56 – Max Gain: 280%
$170 Puts – Range: .85-3.45 – Max Gain: 306%
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Fresh Ideas:
BABA Weekly $165-162.50 Puts*

*NEVER trade weekly expiring options on a Friday unless you are an advanced level trader, and have access to disposable funds.

PCT Ltd. PCTL – Recap

We tracked PCTL to some pretty impressive gains following our initial alert on the play just under two weeks ago. We continued tagging it in our extended watchlist into this week, and after a brief consolidation, we observed more bullish activity out of the stock.

On Wednesday, PCTL dipped to a low of .0095, very briefly existing as a subpenny play once again, before making its next move. That led to a high of .02 yesterday, which represents a two-day swing of 111%

Extended Watchist:
ZYNE, XXII, CGIX, PINS, CRON, RRD, RDFN, CDNA, DSLV

Blue Horseshoe Stocks: AAPL Recap & More

Apple, Inc. AAPL – Recap
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The recent continual trend of bullish days for the markets ended abruptly yesterday following the Fed’s interest rate cut, however, our AAPL Calls still provided an opportunity for us in the early goings on the session.

We signaled our interest in the AAPL Weekly $215-220 Calls in yesterday morning’s premarket report, and inside the first half hour of trading, the following upward moves were recorded by those three sets of contracts:

AAPL Weekly $215-220 Calls
$215 Calls – Range: 2.64-6.84 – Max Gain: 60%
$217.50 Calls – Range: 1.57-4.80 – Max Gain: 206%
$220 Calls – Range: .83-3.10 – Max Gain: 273%
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Fresh Options Ideas:
AMGN Weekly $185-187.50 Calls
SHOP Weekly $327.50-335 Calls
BYND Weekly $180-170 Puts

T2 Biosystems, Inc. TTOO

We’re always scanning for a good rebound candidate, and that’s what we found in TTOO this morning. The stock is sniffing out a bottom, and has just fallen off of an absolute cliff. Now with a massive gap to the upside and considerable volatility potential, we’re going to begin monitoring it for its ultimate bottom and eventual recovery.

TTOO is egregiously oversold, sitting at an annual low, and could be just days away from a convincing turnaround. We’ll keep our eyes peeled for just such an event.

Extended Watchist:
RYAM, GEMP, IZEA, PHUN,

Blue Horseshoe Stocks: Wins Keep Coming

Continued Options Success
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Yesterday we mentioned that we were in the heart of a major flood of earnings reports. We recapped the 4-pack of ideas we gave out on Monday, and formulated new ideas for four more plays. Once again and for the second day in a row, ALL FOUR of our ideas bore major fruit in a single session.

For any newcomers that don’t understand why we go back to quick-strike options trading again and again, this is the reason. There’s no other way to make such large potential gains, so reliably, over such a short period. Even the OTC Markets cannot provide the same near-term volatility.

These were the intraday gains made possible by yesterday’s fresh ideas:

PG Weekly $118-121 Calls
$118 Calls – Range: 1.75-3.80 – Max Gain: 117%
$119 Calls – Range: 1.45-3.00 – Max Gain: 107%
$120 Calls – Range: .60-2.18 – Max Gain: 263%
$121 Calls – Range: .42-1.50 – Max Gain: 257%

RL Weekly $110-113 Calls
$110 Calls – Range: .80-1.95 – Max Gain: 144%
$111 Calls – Range: .45-1.71 – Max Gain: 280%
$112 Calls – Range: .40-1.05 – Max Gain: 163%
$113 Calls – Range: .20-.70 – Max Gain: 250%

LLY Weekly $108-110 Calls
$108 Calls – Range: .96-2.12 – Max Gain: 118%
$109 Calls – Range: .60-1.90 – Max Gain: 217%
$110 Calls – Range: .40-1.30 – Max Gain: 225%

OSTK Weekly $22.50-24 Calls
$22.50 Calls – Range: .85-1.40 – Max Gain: 65%
$23 Calls – Range: .40-.95 – Max Gain: 138%
$23.50 Calls – Range: .25-1.03 – Max Gain: 312%
$24 Calls – Range: .40-1.28 – Max Gain: 220%

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Fresh Options Ideas:

Why stop now when we’ve seen such immense success this week? Here are a pair of big name earnings reporters that strike us as having the highest amount of potential to perform well once the session gets going.

GE Weekly $10.50-11 Calls
AAPL Weekly $215-220 Calls

Extended Watchist:
ENPH, ECA, HLTH, HTBX, CG