Blue Horseshoe Stocks

Blue Horseshoe Stocks: WTW Recap & More

Weight Watchers International, Inc. WTW – Recap

To close out the week on Friday, we left off with a bearish idea on Weight Watchers, and with the help of a another down day for the markets, a couple of the plays we were tracking in the range of the WTW Weekly $58.50-56.50 Puts, did quite well for us even as other ideas fell by the wayside. .

WTW opened just under its daily high of 56.10, and fell all the way back to the $48 range. That allowed for some nice gain opportunities in a pair of our designated targets:

$57.50 Puts – Range: 2.66-9.11 – Max Gain: 242%
$57 Puts – Range: 2.54-9.15 – Max Gain: 260%

Thunder Energies Corp. TNRG

It has been quite awhile since we mentioned any penny stocks in our reports, especially when you consider that those were our primary areas of focus many years ago. Lately we have become mainly focused upon big board stocks and options plays, but every now and again a penny will catch our eye.

Such is the case with TNRG, a stock we’re interested in tracking for a couple reasons. Along with a tight share structure, we’ve also observed a recent, significant rise in volume. The company has also just satisfied the conditions on some Convertible Promissory Notes.

Extended Watchlist:
GSAT, JKS, CRMD, GPOR, CRON, IGCC

Blue Horseshoe Stocks: Quick Strike Ideas

India Globalization Capital, Inc. IGCC

First up this morning is a recap of IGCC following its inclusion in our premarket extended watchlist yesterday. The stock didn’t blow its lid, but it did continue the solid run of intraday performances off of its lows from earlier this week which were precipitated by the company’s recent delisting from the NASDAQ down to the OTC Markets.

The stock traded in a range from 1.22-1.84 before tapering back off, which stood as an intraday gain of 51% We’re going to look for IGCC to continue to fill the remaining gap on the chart. As you can see on the included snapshot, the MACD is also beginning to converge toward a bullish cross.

Fresh Options Ideas*:

Alibaba Group Holding Ltd. BABA – After beating on earnings and missing on revenues, BABA surged this morning, making it our prime bullish target among companies that reported their quarterly earnings today. We’re going to focus on the BABA Weekly 152.50-160 Calls*.
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SPDR S&P 500 ETF (SPY) – We’ve had some good luck with the SPY this week, which isn’t all that surprising when considering the fact that we have a long documented history of success with this fund. We’re so deep in the money with our previously targeted calls, that we’re going to go ahead and roll up our potential strike prices to the SPY Weekly $274.50-276 Calls* as we close out the week.
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Weight Watchers International, Inc. WTW – Strangely enough, despite also beating on earnings and missing on revs like the aforementioned play, WTW took a gut punch and appears on track for a bearish session. We’re going to be tracking the WTW Weekly $58.50-56.50 Puts* as a result.

Bonus Idea: AMD Weekly $20-21 Calls*

*NEVER trade weekly options on a Friday unless you’re an expert level trader with disposable funds!

Extended Watchlist:
AMCN, SGYP, CPHI, HEAR, CRC, LCI, PACB, SLS

Blue Horseshoe Stocks: Options Review & More

Options Review

After a tumultuous month on the whole, October came to a solid end with a very strong performance from the markets, and in effect, a good showing by many of the ideas we presented in yesterday’s report.

Take-Two Interactive Software, Inc. TTWO – First we’ll give an update on the calls we made on Tuesday morning for TTWO- the Weekly $122-125 Calls. They started moving immediately, as we mentioned in yesterday’s report, and after another session the gains have piled up even higher.

$122 – 4.00-8.45 (+111%)
$123 – 2.49-7.80 (+213%)
$124 – 2.50-6.80 (+172%)
$125 – 2.50-5.40 (+116%)
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Three of the four fresh options ideas we submitted in yesterday’s report also saw sizable gains on the day.

FB Weekly $150-155 Calls
$150 – 2.46-4.37 (+77%)
$152.50 – 1.46-2.67 (+83%)
$155 – .75-1.40 (+86%)
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GM Weekly $35-37 Calls
$35 – .92-2.04 (+122%)
$35.50 – .62-1.60 (+158%)
$36 – .34-1.15 (+238%)
$36.50 – .19-.72 (+279%)
$37 – .11-.45 (+309%)
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SPY Weekly $269.50-271.50 Calls
$269.50 – 2.92-4.42 (+51%)
$270 – 2.57-4.15 (+61%)
$270.50 – 1.98-3.40 (+71%)

Extended Watchlist:
NFX, IGCC, TREE, TOPS, DCIX, NAVB, CRON

Blue Horseshoe Stocks: Big Day for Options

Options Recap

Yesterday, our premarket report included two fresh sets of options trading ideas for Under Armour, and Take Two Interactive, and thanks in part to a nice rebound for the markets, we were able to see some really nice gains in our designated plays.

Both of these were companies that had just reported their quarterly earnings, which just reinforces why we continue to make these same kinds of calls over and over again. Post-earnings options trading, while just as risky as any other type of short-term trade, is also just about the most reliable way to find quick-strike opportunities to profit.

Here were the trading ranges and total possible single-session gains that could have been banked off of yesterday’s ideas:

Under Armour Inc. UAA $19-20 Calls
$19 – 2.69-4.20 (+56%)
$19.50 – 2.65-3.82 (+44%)
$20 – 1.75-3.25 (+85%)

Take-Two Interactive Software, Inc. TTWO $122-125 Calls
$122 – 4.00-5.60 (+40%)
$123 – 2.49-5.70 (+129%)
$124 – 2.50-4.20 (+68%)
$125 – 2.50-4.00 (+60%)
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Fresh Options Ideas:

FB Weekly $150-155 Calls
EBAY $28.50-30 Calls
GM Weekly $35-37 Calls
SPY Weekly $269.50-271.50 Calls

Extended Watchlist:
PVH, TNXP, CRON, CGC, CRC, SMI, RIOT, YNDX

Blue Horseshoe Stocks: HSY Update & More

The Hershey Co. HSY

Despite the miss on Q3 earnings, we were confident enough in HSY’s setup to submit an idea for its options chain in yesterday morning’s report, and those ideas returned immediate opportunities for single-session profits.

We’re used to bucking the trend when we see a good enough chance, and this was a perfect example. Even as the market itself logged another day of losses, Hershey performed just as we’d hoped. Our targets were the HSY Weekly $102-104 Calls, and they all returned sizable gains on the day:

$102 Calls – Range: 2.79-5.60 – Max Gain: 101%
$103 Calls – Range: 2.25-4.47 – Max Gain: 99%
.$104 Calls – Range: 1.40-3.70 – Max Gain: 164%

We’ll continue to monitor these plays, but as it stands, these were some really good ideas to kick off the trading week amid some touchy conditions overall.
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Fresh Ideas:
Under Armour Inc. UAA $19-20 Calls
Take-Two Interactive Software, Inc. TTWO $122-125 Calls

Extended Watchlist:
HZO, FAMI, EGO, CCCL, CASI, YECO,