Blue Horseshoe Stocks: Options Review

Adobe, Inc. ADBE – Update

After continued success with SPY calls early this week and persisting through to their expiration yesterday, we issued yet another fresh options idea in yesterday morning’s premarket report for the ADBE chain.

ADBE reported a strong Q2 earnings beat and was looking ripe in the premarket. We signaled our interest in tracking the ADBE Weekly $285-290 Calls and we were exceedingly pleased with the idea’s first day performance, which yielded chances at multi-bag gains.

$289 Calls – Range: 2.94-7.40 – Max Gain: 152%
$289.50 Calls – Range: 1.83-5.25 – Max Gain: 187%
$290 Calls – Range: 1.07-3.51 – Max Gain: 228%

With the markets gapping up hard today, we would expect to see new highs on each of these contract, in which case we will report the final possible gains in tomorrow’s newsletters.
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MORE FRESH IDEAS: 
SPDR S&P500 (ETF) SPY Weekly $294-296 Calls
Commercial Metals Co. CMC Weekly $16-17 Calls
Oracle Corp. ORCL Weekly $55-56 Calls


Extended Watchlist:
IAG, ZYME, KGC, COMM, MLNT, SVM, URL

Blue Horseshoe Stocks: ADBE Options & More

SPDR S&P500 ETF (SPY) –  2nd Update

We have basically called the activity in the SPY this week absolutely perfectly. On Monday we signaled the
the SPY 06/19 $289-290.50 Calls,  and while we only saw moderate gains on the first day of trading, we did reiterate our interest in them in yesterday’s morning report.

We mentioned that the premarket activity suggested that further gains for our tracked contracts were on the way, and we couldn’t have been more on the money.  Here are the updated two-day upswings that we have now seen out of the SPY on those initially targeted contracts.

$289 Calls – Range: 1.50-4.60 – Max Gain: 207%
$289.50 Calls – Range: 1.24-4.15 – Max Gain: 235%
$290 Calls – Range: 1.00-3.72 – Max Gain: 272%
$290.50 Calls – Range: .80-3.31 – Max Gain: 314%

For those paying attention, in yesterday’s SPY update, we also rolled up to include another pair of ideas, the SPY 06/19 $291-291.50 Calls, and those too saw some excellent intraday gain opportunities.

$291 Calls – Range: 1.20-2.95 – Max Gain: 146%
$291.50 Calls – Range: .96-2.55 – Max Gain: 166%
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FRESH IDEA: 

Adobe, Inc. ADBE Weekly $285-290 Calls 



SunPower Corp. SPWR

We also want to comment on what has turned into one of the most steady-growth movers of 2019, in SPWR. We began tracking this play all the way back in January. We typically go after quick-strike opportunities, but it became very apparent after awhile that SPWR was good for a much longer term look.

The ground it has covered in this calendar year has been incredible. From our observed low of 5.06 just a couple days after our alert, the stock has now scored a double-bagger, and then some. Yesterday it hit a new high of 11.01, marking a total increase of 118%


Extended Watchlist:
MLNT, FRED, TWMC, NURO, ROX,

Blue Horseshoe Stocks: Options Reviews

CarMax, Inc, KMX – Recap

Yesterday morning we placed a set of contracts from the KMX chain on our radars, and while we didn’t yet see a clean sweep of gains from bottom to top, the beginnings of some really nice activity did take place in the lower end of the range.

We had designated the KMX Weekly $77-79 Calls as our contracts of interest and the 77-78’s came alive for some excellent intraday moves.

$77 Calls
– Range: .10-.85 – Max Gain: 750%
$77.50 Calls – Range: .11-.60 – Max Gain: 445%
$78 Calls – Range: .05-.40 – Max Gain: 700%


Adobe Systems, Inc. ADBE – Recap

We included an idea for the Adobe options chain on Monday morning, and have also seen some very nice gains there as well this week. This all three of our targets, the ADBE 10/26 $260-265 Calls have produced chances at big-time multibag gains over the past three sessions.

We reported nominal gains on Tuesday morning, but after an extra couple of trading days, we’ve seen those ranges extended by a considerable margin.

$260 Calls– Range: 8.05-14.28 – Max Gain: 77%
$262.50 Calls – Range: 7.25-12.93 – Max Gain: 78%
$265 Calls – Range: 4.85-9.90 – Max Gain: 104%


Extended Watchlist: 
CEI, AMRS, UPL, AMDA, GWPU, YUMA, AWSM

Blue Horseshoe Stocks: AMD Review & More

Advanced Micro Devices, Inc. AMD

Our first order of business today is going to be to take a look at the incredible year AMD has had. We’ve mentioned it quite a few times along the way, but if we track all the way back to April 26th, we see that we caught this stock at a low of 10.61.

AMD has been an absolute juggernaught all year, and this morning in the premarket trades are going off at 33.25. That’s 213% higher than our observed share price this spring, and AMD shows little sign of slowing its gradual ascent.

In terms of options ideas, we are going to put an observation tag on the AMD Weekly $32-33 Calls.


Adobe Systems, Inc. ADBE

Yesterday morning for a fresh options idea,we stated that if we saw ADBE maintain support at or above 258.49, we were going to be very interested in the ADBE 10/26 $260-265 Calls.

The stock began to make the reversal we expected yesterday, and its activity fueled the first round of gains for our calls, which were as follows:

$260 Calls– Range: 8.05-10.50 – Max Gain: 30%
$262.50 Calls – Range: 7.25-8.50 – Max Gain: 17%
$265 Calls – Range: 4.85-7.85 – Max Gain: 62%

We would not be at all surprised to have to swing back around to report much larger gains down the road on these ideas, but yesterday’s activity was a solid start.


Extended Watchlist: 
CEI, GERN, YUMA, JONE, HUSA, NIHD, QTNT,

Blue Horseshoe Stocks: MU Recap & More

Micron Technology, Inc. MU

On Friday morning we spent most of our report updating readers on several great stock calls we’ve made in recent weeks, but we did include one fresh options trading idea, and we’re pleased to report that it was a resounding success, and a greta opportunity to daytraders to nail down some quick profits.

We targeted the MU Weekly $43-45 Calls and the whole range took off for the following impressive single-session gains:

$43 Calls – Range: .97-2.50 – Max Gain: 158%
$43.50 Calls – Range: .68-2.05 – Max Gain: 201%
$44 Calls – Range: .32-1.50 – Max Gain: 369%
$44.50 Calls – Range: .17-1.07 – Max Gain: 529%
$45 Calls – Range: .08-.68 – Max Gain: 750%

Our quick-strike options prowess has been second to none for quite some time now, and MU was another shining example of that! Big cheers to anyone who was able to take advantage.
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Adobe Systems, Inc. ADBE – Fresh Options Idea

For a fresh idea, we’re going to signal a longer-term set of contracts in the ADBE chain. The stock has a fairly predictable trading pattern, and appears to be approaching an up-cycle in the days or weeks ahead.

If we can see ADBE maintain support at or above 258.49, we are going to be very interested in the ADBE 10/26 $260-265 Calls.



Cool Holdings. Inc. AWSM

 
Also in Friday morning’s report was a tag of AWSM. We had just noticed it’s big day in the prior session, and included it in our daily watchlist.

The stock made an absolutely monstrous single-session run for something trading in the $11-range, running from a low of 11.11 to a high of 22.61 for a 104% intraday move. It also closed more than 80% in the green on the day!


Extended Watchlist: 
AMMA, AGRX, BPMX, TEUM, ONTX, ABX, SENS, GLOW, PDLI

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