Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Updates

Zillow Group, Inc. Z – Update

Last Wednesday just prior to the Thanksgiving break, we submitted a range of options ideas on Zillow, which we caught at a relative bottom after noticing some hefty Form-4 submissions. Our targeted options were the Z 01/18 $30-40 Calls, and in the two-and-a-half sessions since we’ve seen excellent multi-bag gain opportunities.

Every single strike price worked out nicely, with the following moves:

$30 Calls – Range: 1.57-4.37 – Max Gain: 178%
$35 Calls – Range: .57-1.72 – Max Gain: 202%
$40 Calls – Range: .10-.50 – Max Gain: 400%

Facebook, Inc. FB – Update

Then on Friday, after the holiday we spotted a bottom play in FB, and jumped on that with another longer term set of options ideas, the FB 01/18 $135-145 Calls. We’ve had some appreciable movement in those as well, and wanted to share those figures.

$135 Calls – Range: 5.94-8.21 – Max Gain: 38%
$140 Calls – Range: 3.88-5.50 – Max Gain: 42%
$145 Calls – Range: 2.24-3.50 – Max Gain: 56%

As is the case with the aforementioned plays, it’s a good start, but with plenty of time remaining until expiration, we’ll definitely continue to track these ideas in the days and weeks ahead.

Extended Watchlist:
PCG, PXS, SLS, ANY, TEUM, EURN, AQUA, RGSE

Blue Horseshoe Stocks: SGSI Update

Spectrum Global Solutions, Inc. SGSI – Update

We’ve been tracking SGSI closely, and wanted to highlight the news the company issued on Friday morning pertaining to an appearance at an upcoming high profile conference. We also have a video presentation of the current SGSI chart that we strongly suggest our readers take the time to view.

Spectrum Global Solutions, Inc. (OTCMKT: SGSI), a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and Caribbean, today announced that it will be presenting at the 11th annual LD Micro Main Event. (>>View Full PR)

Did you miss our special report on SGSI last Monday? It’s not too late to check that out and learn why we’re excited to be covering this fast growing company!

>>View SGSI Report<<

Extended Watchlist:
MARA, ESES, RSLS, DEA, SLS, ICON, RGSE, AKER, JKS

Blue Horseshoe Stocks: FB Options

Facebook, Inc. FB – Options Idea

With the half day of trading today, and the general subdued sense of the holiday, we don’t expect this session to be full of much excitement, but we have identified an idea that we can watch into next week and possibly beyond.

Facebook has been in a downward pattern for several months, and as you can see on the chart below, produced a significant bottom bounce signal. In fact, all of our favorite indicators seem to suggest an up-cycle could be in the cards heading into the new year. For that possibility, we are going to highlight a range of options calls that we can observe and potentially take advantage of in the days and weeks ahead.

We’re going to put the FB 01/18 $135-145 Calls on watch, and if the stock can rebound back toward its previous resistance area, those should be in pretty good shape.

Extended Watchlist:
DSX, TIS, CPRX, SGSI

Blue Horseshoe Stocks: Options Recap, Form-4’s

Campbell Soup Co. CPB

After Campbell’s beat on earnings, we formulated an options idea in yesterday’s premarket report to go along with the activity we were observing. Our targets were the CPB Weekly $38.50-40.50 Calls, and despite a down day for the markets in general, CPB produced just the right performance to allow for some really nice gains.

Every single one of the five contracts contained within our designated range produced a big opportunity for quick profits.

$38.50 Calls – Range: 1.50-2.94 – Max Gain: 96%
$39 Calls – Range: .91-2.52 – Max Gain: 177%
$39.50 Calls – Range: .83-2.05 – Max Gain: 147%
$40 Calls – Range: .55-1.80 – Max Gain: 227%
$40.50 Calls – Range: .40-1.40 – Max Gain: 250%
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Fresh Options Idea:
ADSK Weekly $131-133 Calls

Form-4 Alerts

Aside from earnings-related options ideas, we also routinely scan for Form-4 submissions indicating insider buying on stocks that are at or near a relative low. We also look for stocks whose charts have large gaps to fill to the upside.

Both of the following stocks we’re placing on bottom watch here check all of those boxes, as you can see on the included side-by-side charts. We’ve also formed a corresponding options idea for both:

Zillow Group Inc. Z
01/18 $30-40 Calls

Coty, Inc. COTY
01/18 $8-10 Calls

Extended Watchlist:
SGSI, INPX, FPAY, BJ, TAOP, NVLN, CREG, PAGS, CMCM, BZUN, NBEV

Blue Horseshoe Stocks: Post-Earnings Options

Spectrum Global Solutions, Inc. SGSI

The first thing we want to do this morning is to go over the performance of SGSI following our detailed report published in the premarket. If you didn’t catch it, we urge you to read it over now (>>View Report).

Aside from going over some of the attractive features of the company, we indicated that the stock had reached a double-bottom area of support, and the activity unfolded as a classic bottom bounce play, complete with some excellent volatility. The stock traded from a low of .265 and hit a daily high of .45. That’s a 70% intraday swing which came on more than four times the monthly average volume.

We’ll be very interested to continue tracking this play in the days and weeks ahead. We’ll look for it to establish higher highs and higher lows, and potentially make a run at the current 50DMA of .6275.

Fresh Ideas

We’ve also got a pair of post-earnings options ideas to add into the mix this morning.

Campbell Soup Co. CPB – Campbell’s beat on earnings even as quarterly profit slid by nearly a third. Along with the help of solid guidance, the stock is up in the premarket. We’ll be tracking the CPB Weekly $38.50-40.50 Calls.
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Lowes Companies, Inc. LOW – Lowes had a mixed release as well, but looks bearish even after its own earnings beat, and the news that the company would pull back Mexico operations to focus more on the US Market. At the present time, we’re looking at the LOW Weekly $87-85 Puts.