Blue Horseshoe Stocks: DG Recap & More

Dollar General Corp. DG

We selected a wide range of puts in the DG chain on Tuesday morning, the DG Weekly $109-103 Puts following the company’s earnings release, wherein it lowered its outlook for the year. Despite a sales beat, shares slid considerably. With the help of an overall market downtrend in which the Dow took an 800 point hit, every set of contracts we selected made multi-bag gains.

$109 Puts – Range: 2.20-6.80 – Max Gain: 209%
$108 Puts – Range: 1.76-5.80 – Max Gain: 230%
$107 Puts – Range: 1.25-4.40 – Max Gain: 252%
$106 Puts – Range: .88-4.18 – Max Gain: 375%
$105 Puts – Range: .55-3.30 – Max Gain: 500%
$104 Puts – Range: .40-2.53 – Max Gain: 532%
$103 Puts – Range: .30-1.90 – Max Gain: 533%
______

Fresh Idea:
MIK Weekly $15 & 17.50 Calls


Aphria, Inc. APHA

We’ve had an eye on Aphria, and indeed the whole Canadian cannabis market, for years.  Having previously been traded under the symbol APHQF on the OTC Markets, the Canadian cannabis company now trades on the NYSE and bills itself as a drug manufacturer in the healthcare industry.

As a result of allegations against the company, the stock has taken a severe beating in recent sessions. We’re going to begin to observe more closely as a potential bottom bounce play in the days and weeks ahead, as it has reached the point of being heavily oversold with a huge short interest. We’ll want to be hanging around when the shorts start to get squeezed.


Extended Watchlist:
SGSI, PSTG, TVIX, OZM, AAC, WKHS, XSPA, DCIX, MDCA

Blue Horseshoe Stocks: Updates, Earnings Play


Cronos Group, Inc. CRON

We alerted CRON initially on Halloween morning and rode several options ideas to multi-bag gains through the early goings of last month. Since that time, the range on the stock itself has been rather impressive, with CRON shooting to new highs yesterday.

On the day of our initial report on CRON, we observed a low of 7.10. Yesterday’s new high came in at 11.89, which represents a gain of 67% in just under five weeks.



Spectrum Global Solutions, Inc. SGSI

We’ve also got another news alert for SGSI this morning, marking the third update since our special report on the company, which we released on the morning of November 19th. We highly suggest our readers check out the SGSI Report if you missed it.

Dec. 03, 2018 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC: SGSI) (the “Company”), a single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and solutions to the service provider (carrier) and corporate enterprise markets, provides the following update to its shareholders and investors from its CEO, Roger Ponder. (>>View Full PR)


Zillow Group, Inc. Z – Update

A couple of Wednesday’s ago, on the 21st, we highlighted some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. The insider buying trend has continued, as has Zillow’s filling of the gap we had identified on the chart.

Yesterday the stock hit a new high of 37.75, which from our observed low of 27.92 marks a move of 35% in just over a week’s time. That allowed new highs in the Z 01/18 $30-40 Calls on our watchlist.

Our signaled options ideas have thus far provided us with the following gain opportunities:

$30 Calls – Range: 1.57-6.66 – Max Gain: 324%
$35 Calls – Range: .57-3.83 – Max Gain: 572%
$40 Calls – Range: .10-1.42 – Max Gain: 1320%
_______

Fresh Options Idea:
Dollar General Corp. DG Weekly $109-103 Puts


Extended Watchlist:
LIQT, RHE, GTHX, ADMP, AMPE, UPL, USLV

Blue Horseshoe Stocks: Zillow on a Roll

Zillow Group, Inc. Z – Update

We’ve been tracking Zillow since last Wednesday, at which time the stock was trading at a low of 27.92. We were prompted to highlight the play after noticing some big Form-4 submissions near the bottom, with a large gap to the upside on the chart. That morning we signaled the Z 01/18 $30-40 Calls which have produced some really nice gains so far.

The stock itself, after 6 consecutive green days, attained a high of 37.20 yesterday, which marked a 33% increase in just over a week’s time. That’s fantastic volatility for a stock in this price range. That activity has led to some mind-numbing gains in our group of tracked contracts. 

The following figures are the ranges  and total possible gains on those from last Wednesday, through yesterday’s highs:

$30 Calls – Range: 1.57-7.43 – Max Gain: 373%
$35 Calls – Range: .57-3.70 – Max Gain: 549%
$40 Calls – Range: .10-1.45 – Max Gain: 1350%


Bottom Watchlist

We also have a couple of longer-term bottom watch plays that we wanted to include in today’s report and monitor for potential rebounds going forward.

We are looking at both Bio-Path Holdings (BPTH) and Ampio Pharmaceitucals (AMPE) in a similar fashion today. Neither stock has shown a great deal of volatility of late, hovering around their recent relative lows for some time. Both charts also boast gaps to the upside. We’ll place this pair on recovery watch in the weeks ahead.


Extended Watchlist:
HEMP, AGRX, SOLO, EQGP, SLS, PCG

Blue Horseshoe Stocks: Options Explosion

Options Review

We are very pleased to report that our options ideas that we formulated fresh for yesterday’s session in our premarket report produced huge chances for profits across the board. We submitted targets in the Dick’s Sporting Goods and Tiffany’s chains following their quarterly earnings reports, and hit the nail on the head in both instances.

Here are the stellar gains that were made possible by our fantastic ideas:

Dick’s Sporting Goods, Inc. DKS Weekly $36-38 Calls
$36 Calls
– Range: .20-1.95 – Max Gain: 875%
$37 Calls – Range: .20-1.40 – Max Gain: 600%
$38 Calls – Range: .05-.80 – Max Gain: 1500%

Tiffany & Co. TIF Weekly $95-92 Puts
$95 Puts – Range: 1.30-3.20 – Max Gain: 146%
$94 Puts – Range: .90-2.44 – Max Gain: 160%
$93.50 Puts – Range: .90-2.12 – Max Gain: 136%
$93 Puts – Range: .62-1.85 – Max Gain: 198%
$92 Puts – Range: .45-1.30 – Max Gain: 189%



Zillow Group, Inc. Z – Update

Last Wednesday we also began tracking some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. We highlighted the Z 01/18 $30-40 Calls, and immediately began to see results. Zillow stock has been on a steady incline ever since, beginning to fill the large topside gap on the chart.

We’re happy to report new highs on all three of our selected contracts, which have thus far provided us with the following gain opportunities.

$30 Calls – Range: 1.57-6.11 – Max Gain: 289%
$35 Calls – Range: .57-2.80 – Max Gain: 391%
$40 Calls – Range: .10-.95 – Max Gain: 850%


Extended Watchlist:
SGSI, IPCI, KIRK, RIOT, BPMX, DPW, ANF, ZIXI, YETI, LZB, GSM

Blue Horseshoe Stocks: SGSI News Alert

Spectrum Global Solutions, Inc. SGSI – Update

In our initial report on SGSI, one of the things we commented on liking most about SGSI is the rapidity with which the company has been pulling down new clients and growing its business in 2018. This morning, we’re going to start things off by relaying a new PR to that effect on to our readers.

(GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC:SGSI) (the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, today announces that it has received over $500,000 in new contract awards to support carrier network upgrades across the United States. (>>View Full PR)

Did you miss our special report on SGSI last Monday? Check it out now at the following link:

>>View SGSI Report<<



Fresh Options Ideas:

Those readers who are familiar with our mode of operation know that a good post-earnings options play is something we’re always on the lookout for, and we’ve got a couple of those for you this morning. It has been a crowded 24-hours of earnings releases and the two that are sticking out to us this morning are Dick’s Sporting Goods (Bull) and Tiffany’s (Bear).

We’ll submit a set of ideas for each of these chains to track into the end of the week:

Dick’s Sporting Goods, Inc. DKS Weekly $36-38 Calls
Tiffany & Co. TIF Weekly $95-92 Puts



Extended Watchlist:
ASX, NSPR, MARA, ACAD, HEAR, IPCI, SLS

Get Our FREE Daily Reports!