SPECIAL NOTICE:
Please be advised that there will be no newsletters going out next week, as the Blue Horseshoe family will be on summer vacation! We have never taken an entire week off in the 14 year history of the site, so we feel it’s well deserved. We will be returning on Monday the 25th. Happy Trading!
Thursday’s Winners:
We put forth another great effort on Thursday, continuing the trend of winning plays for the week with the four ideas we provided in our premarket report for the session. All of our target yielded a chance at some big intraday gains.
We were focused on the DE Weekly $485-480 Puts, the NTES Weekly $130-125 Puts, the TPR Weekly $100 Puts, and the RBLX Weekly $126 Puts. All put on a good show, and only one contract set fell short of the multi-bag mark. Here’s how they did:
DE Weekly $485-480 Puts
$485: 5.88-14.49 (+146%)
$482.50: 4.82-11.93 (+148%)
$480: 3.49-10.75 (+208%)
_____
NTES Weekly $130-125 Puts
$130: .59-1.39 (+136%)
$125: .05-.17 (+240%)
_____
TPR Weekly $100 Puts
$100: 2.80-4.20 (+50%)
_____
RBLX Weekly $126 Puts
$126: .65-2.08 (+220%)
Fresh Options Ideas:
AMAT Weekly $167.50-165 Puts*
SNDK Weekly $45 Puts*
GLOB Weekly $70-65 Puts*
*Trading options contracts on their day of expiration should only be attempted by experienced traders
Extended Watchlist:
PMNT, PGEN, PPSI, DFLI, CODX, SORA, VMAR, SIF, ORIS