Blue Horseshoe Stock: RIOT Recap & More

Options Review

We cast a wide net with a whole slew of options ideas yesterday morning, more than half of which turned out to be solid movers on the day.

We’ve been hitting the options pretty hard lately because it has continued to provide quality intraday opportunities for us, and we continued that trend with these calls, which exhibited the following moves:

VZ Weekly $51-52.50 Calls

$51: .50-1.17 (+134%) $52: .22-.60 (+173%) $52.50: .14-.42 (+200%)

SPY 07/25 $281-282 Calls
$281: .52-.90 (+73%) $281.50: .30-.60 (+100%) $282: .16-.34 (+112%)

LMT Weekly $325 Calls: 2.40-6.85 (+185%)
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Fresh Idea:

The Coca-Cola Co. KO Weekly $45-46 Calls


Riot Blockchain, Inc. RIOT

Back on the 9th of this month, we tagged RIOT for observation, and then again yesterday morning, just prior to a big boost for the stock in the wake of a Bitcoin rally.

Following the time of our initial alert, RIOT saw a low of 4.41, and as of yesterday’s run carrying it to it to a new high of 8.555, we’ve observed a 94% increase in just a couple of weeks.


Extended Watchlist:
VRAY, VICR, TER, CHFS, CRMD, TORC, BBGI(Bottom-Play)

Blue Horseshoe Stocks: Tons of Fresh Ideas

Hasbro Inc. HAS – Options Update

After having recently enjoyed a long string of successes with our options ideas stretching back several weeks now, we attempted to keep the party going with the HAS Weekly $102-105 Calls to kick off the week yesterday.

Once again, we rolled the hard six, and came through with another great set of ideas. Each of the contracts in our selected range provided traders with the chance at multi-bag gains on the day.

$102 Calls – Range: 2.00-5.60 – Max Gain: 180%
$103 Calls – Range: 1.50-4.95 – Max Gain: 230%
$104 Calls – Range: 1.10-4.27 – Max Gain: 288%
$105 Calls – Range: .89-3.23 – Max Gain: 263%
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A Roundup of Fresh Ideas

We’re going to keep things going on the options front, and in fact, turn it up a notch today with a quintet of options ideas as we head through this heavy patch of earnings reports.

DISH 09/21 $32.50 & $35 Calls
RIO 08/17 & $57.50 & $60 Calls
VZ Weekly $51-52.50 Calls
SPY 07/25 $281-282 Calls
LMT Weekly $322.50-327.50 Calls


Extended Watchlist:
MMSI, TOPS, MARA, DPW, RIOT, EYEG, SSC, AMPE

Blue Horseshoe Stocks: HAS, ABM Options & More

Hasbro Inc. HAS – Options Idea

To start things off this morning, we are looking toward the Hasbro options chain, following the company’s earnings report this morning revealed Q2 beats on sales, profits, and revs.

The stock is gapping up here in the premarket, and we’re going to want to be ready with an options idea for possible quick strike gains to kick off the week. We’re going to track the HAS Weekly $102-105 Calls, and attempt to continue to fantastic options success we have recently enjoyed.


ABM Industries, Inc. ABM

Speaking of fresh options ideas, we’re interested in ABM from a technical standpoint, and will be monitoring the activity in the ABM 08/17 $30-35 Calls.

As you can see on the following chart snapshot, we have a number of favorable indicators in play. In addition to a strong double bottom signal, and a MACD on the verge of going bullish, the stock just last week cracked and managed to hold support at its 50DMA. The RSI is also on the cusp of breaking the 50-line.

All in all, a positive move of at least a few dollars seems very possible, and would likely produce some good chances in our designated calls in that event.


Extended Watchlist:
RETA, SBBP, HCLP, CLF, RGSE,

Blue Horseshoe Stocks: Fresh Options Ideas & More

CSX Corp. CSX – Update

On Wednesday morning following CSX’s solid quarterly earnings report, we selected the CSX Weekly $65-67.50 Calls for observation, and scored the opportunity at multi-bag gains that day, as we relayed in yesterday’s premarket report.

What followed was a dip-and-rip out of CSX, and even more chances for double-bag to multibag gains for the second consecutive session. Here are the intraday profits that could have been achieved yesterday:

$65 Calls– Range: 1.91-4.50 – Max Gain: 136%
$65.50 Calls – Range: 1.84-3.85 – Max Gain: 109%
$66 Calls – Range: 1.25-3.40 – Max Gain: 172%
$66.50 Calls – Range: 1.07-2.93 – Max Gain: 174%
$67 Calls – Range: .42-2.25 – Max Gain: 436%
$67.50 Calls – Range: .27-2.04 – Max Gain: 656%


Ebay, Inc. EBAY – Options Recap

Speaking of single-day multibag gains, also included in yesterday’s report was a fresh idea for the EBAY options chain. We went bearish after the company disappointed on Q2 revs, signaling our interest in the EBAY Weekly $36-34.50 Puts  and we were dead-on with that idea as well.

The following fantastic gains were on the table:


$36 Puts
– Range: .71-2.08 – Max Gain: 193%
$35.50 Puts – Range: .42-1.46 – Max Gain: 248%
$35 Puts – Range: .20-1.10 – Max Gain: 450%
$34.50 Puts – Range: .09-.63 – Max Gain: 600%
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After having such great success with options this week, as we usually do, we’ll go ahead and finish things up with two more fresh earnings related ideas. Just make sure you’re not trading these calls unless you’re an expert trader with disposable funds!

Microsoft Corp. MSFT Weekly $107-108 Calls
Honeywell, Inc. HON Weekly $148-152.50 Calls


Extended Watchlist:
TLRY, SLS, CLF, VLRS, BBD

Blue Horseshoe Stocks: CSX Review & More

CSX Corp. CSX – Options Review

We presented our readers with an options idea concerning CSX yesterday morning in the wake of the company’s solid quarterly earnings report, the CSX Weekly $65-67.50 Calls.

What followed was an exceptionally bullish session for the railroad giant, which facilitated some really nice intraday multi-bag gain opportunities.

Not surprisingly, big moves were exhibited by every single contract in our designated range of six sets:

$65 Calls– Range: 1.64-4.00 – Max Gain: 144%
$65.50 Calls – Range: 1.42-3.54 – Max Gain: 149%
$66 Calls – Range: .91-3.00 – Max Gain: 230%
$66.50 Calls
– Range: .64-2.57 – Max Gain: 301%
$67 Calls – Range: .45-2.02 – Max Gain: 349%
$67.50 Calls – Range: .28-1.65 – Max Gain: 489%


 Walgreens Boots Alliance, Inc. WBA – Recap

Also included in our morning report yesterday were the WBA 08/17 $67.50 & $70 Calls, and those too enjoyed some notable intraday gains for the session.

Despite selecting calls with August expiration, the payoff to this idea was all but instantaneous, with each of our two ideas logging significant intraday runs to the upside. The $67.50’s traded in a range from .93 to 1.45, a gains of 133% while the $70’s went from .40-.65, which works out to a gain of 63%
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Fresh Ideas –  We’ll keep the options train rolling with another pair of fresh ideas this morning:

We’ll track the activity in the EBAY Weekly $36-34.50 Puts after the company fell short on Q2 revs, along with the SPDRA S&P 500 ETF (SPY) 07/23 280.50-281.50 Calls for an idea to watch into next week.


Extended Watchlist:
TCP, DM, RCON, LODE, AVEO, CEI, ACIU

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