ACIU | Blue Horseshoe Stocks

Solid Options Runners & More

Key Options Updates:

We always try to include a mix of quick-strike weekly options ideas into our daily reports, as well as what we refer to as ‘longer-term’ ideas, with expiration dates that are weeks or sometimes even months away.

So this morning, in addition to highlighting the gains in the LI Weekly $29-30 Calls we signaled in our report yesterday, we’ll also backtrack to the HIBB 09/17 $100-105 Calls we put forth on Friday morning, as well as the KC 09/17 $30-35 Calls, which we initially alerted last Wednesday.

The total possible gains in those targets so far are as follows:

LI Weekly $29-30 Calls
$29: 1.50-2.00 (+33%)
$30: 1.08-1.53 (+42%)
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HIBB 09/17 $100-105 Calls
$100: 1.20-2.80 (+133%)
$105: .70-1.75 (+150%)
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KC 09/17 $30-35 Calls
$30: .60-2.00 (+260%)
$35: .10-.51 (+410%)

With two-plus weeks remaining until expiration on the HIBB and KC contract sets, we’ll continue to track for the possibility of further increases, and report back with a future update.

Fresh Options Ideas:
SLQT 09/17 $7.50-10 (*Form-4 Bottom Play*)
NTES Weekly $90-93 Calls
ZM Weekly $310-300 Puts

Extended Watchlist:
SONN, ACIU, RHE, SYTA, ASTA, BRYYF, KYNC, NOHO, TGGI, VIZC, GTLL, HDVY, BIEL,

Blue Horseshoe Stocks: Bottom-Bouncers & More

Riot Blockchain, Inc. RIOT

Things move pretty fast around here, but we do our best to keep up with tracking on all of the stocks we mention in our daily reports. In certain cases, we see slow buildup, and in others we see a quick rocket to new highs, but in the case of RIOT, we actually got both.

After we highlighted our interest in RIOT roughly two months ago on December 19th, it had been on a rather steady climb, until Friday when the lid blew off the top. Our observed low subsequent to our mention of the stock was 1.29, and Friday’s new high came in at 4.24. That’s a gain of 229% in a span of just eight weeks!

Bristow Group, Inc. BRS

We also wanted to quickly highlight a bottom-bouncer with some real potential to the upside. We ran across BRS this morning, noticing that it had just produced some activity off of a relative bottom.

There is a gap to fill on thwe chart and room to run for some potentially solid gains, so we’ll be keeping an eye peeled for that as we kick off a fresh trading week.

Fresh Options Ideas:
KNDI Weekly $6-7 Calls
GDXJ Weekly $34-34.50 Calls
GRMN Weekly $74.50-76.50 Calls

Extended Watchlist:
MXMG, IPCI, NSPR, DBVT, ACIU, ADIL, VNTR, IDEX, SPN

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.
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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