Big 1100% Gainer, Fresh Ideas

Wednesday’s Movers:

After sweeping the board with mostly bearish plays from Tuesday, in yesterday’s premarket report we flipped back to the other side of the fence with a mostly bullish slate of possible options trading ideas. What resulted was another clean sweep of solid gainers on the day, including an 11-bagger as the star of the show. We hope to continue to maintain this level of exciting activity with the help of a huge dump of major earnings hitting the wires this morning. It should allow us to close out this excellent trading week on a high note today and tomorrow.

Yesterday’s picks were the DOCS Weekly $32.50-30 Puts, the TGT Weekly $155-157.50 Calls, the DT Weekly $49-51 Calls, and the WIX Weekly $85-90 Calls, and as you can see from the intraday breakdowns below, the gain chances were pretty serious.

DOCS Weekly $32.50-30 Puts
$32.50:
 .44-.85 (+93%)
$30: .05-.10 (+100%)
_____

TGT Weekly $155-157.50 Calls
$155:
 2.83-7.82 (+176%)
$157.50: 1.97-5.76 (+192%)
_____

DT Weekly $49-51 Calls
$49:
 .15-.35 (+133%)
$50: .05-.60 (+1100%)
$51: .05-.10 (+100%)
_____

WIX Weekly $85-90 Calls
$85:
 .30-.71 (+137%)
$90: .05-.15 (+200%)


Fresh Options Ideas:
TTWO Weekly $139-141 Calls
WMT Weekly $150-152.50 Calls
BABA Weekly $90-92 Calls
BEKE Weekly $16.50-17 Calls
BBWI Weekly $36-37.50 Calls 


Extended Watchlist:
ICU, ALIM, IFBD, CWD, HILS, AABB, SICP, ASPU, HIRU, PLPL

Closing Out a Great Trading Week

Weekly Wrap-Up

We absolutely crushed on the options front this week. This occurs on a weekly basis to some extent, but our success this week was especially pronounced.

We had just gotten finished yesterday morning updating readers on the 200%+ gains made by our CAT calls in the previous session (which added new highs yesterday, by the way), when we submitted three fresh options trading ideas.

 We are pleased to report that two out of three of our newly submitted ideas produced opportunities for multi-bag gains for ourselves and our readers, with the third coming awfully close. Here’s the breakdown: 

AZN Weekly $46-47 Calls
$46 Calls – Range: 
.33-1.25 – Max Gain: 279%
$46.50 Calls – Range: .20-.60 – Max Gain: 200%
$47 Calls – Range: .15-.45 – Max Gain: 200%

PYPL Weekly $104-105 Calls
$104 Calls – Range: 
.75-1.51 – Max Gain: 101%
$105 Calls – Range: .35-.80 – Max Gain: 129%

MSFT Weekly $138-139 Calls 

$138 Calls – Range: 1.35-2.50 – Max Gain: 85%
$139 Calls – Range: .83-1.65 – Max Gain: 99%

____

Fresh Options Ideas:
INTC Weekly $52.50-54 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Black Cactus Global, Inc. BLGI

Thanks to our dear trader friend, Mark S. who has been a longtime follower of ours, for sending us a PM in the premarket relaying the fact that the company just reinstated with the SOS.

That led to us including BLGI in yesterday’s extended watchlist, and the stock subsequently made a move from .0069-.0265, for an upswing of  284% on the day!

Having a solid community of respected members is what we thrive on, and encourage others to join. If you have something that warrants the rest of our readers’ attention, feel free to reply to one of our daily email reports! (You have to be subscribed first!). We hope you consider joining us, and have a great weekend!


Extended Watchlist:
BIOC, USLV, CPST, TEUM, ALIM, FSM, DEST

Blue Horseshoe Stocks: Continued Options Success

Twitter, Inc. TWTR – Options Recap

Our first order of business in today’s options-heavy report is to go over the second straight session of excellent intraday runs TWTR Weekly $15-16 Calls which we designated as targets in Wednesday morning’s premarket report.

This midweek, Twitter had posted losses that were less than expected in conjunction with rising user numbers. It has provided us with some really good opportunities, which were as follows:

$15 Calls – Range: .84-1.61 – Max Gain: 92%
$15.50 Calls – Range: .39-1.10 – Max Gain: 151%
$16 Calls – Range: .13-.63 – Max Gain: 384%

At this point these contracts owe us nothing. Granted that these are weeklies and it’s Friday, coupled with the fact that the stock has rushed into heavily overbought territory in just a short time, we’re fine moving on to the next thing which we’ll get to in a moment.


United Parcel Service, Inc. UPS

First we want to go over our UPS options idea that we formulated fresh for yesterday’s premarket report. This was another earnings-related idea, as a great deal of our options calls tend to be, and it worked like an absolute charm.

We signaled the UPS 05/05 $108-111 Calls and every single contract in that range produced chances for spectacular multi-bag gains on the day, with the $111’s stealing the show on a seven-bagger!

$108 Calls – Range: .48-1.70 – Max Gain: 254%
$109 Calls – Range: .23-.99 – Max Gain: 330%
$110 Calls – Range: .21-.52 – Max Gain: 148%
$111 Calls – Range: .04-.33 – Max Gain: 725%

These plays, we can leave on our radars as they don’t expire until the end of next week. If UPS manages to convincingly crack through the 200DMA at 109.00, things could get very interesting.


Western Digital Corp. WDC – Fresh Idea

As for the play that’s catching our attention on this morning’s scan, we’ve got yet another post-earnings target with WDC. The stock has been trading in an upward channel for the better part of a year now, and the company just put out a solid beat for Q3 while issuing a bolstered Q4 outlook.

We’ll try to take advantage of the commotion it’s causing on the chart with the WDC Weekly $90-92.50 Calls, but please remember the warning we always give in these situations: Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.


Extended Watchlist:
AMLH, JAGX, CEI, TNGO, ELTP, CRMD, ALIM

Blue Horseshoe Stocks: Options, Updates & More

Twitter, Inc. TWTR – Options Recap

Our formulated ideas for the TWTR options chain from yesterday morning’s premarket report turned out to offer up some fantastic chances to profit. We spotted just the right conditions before market hours and pounced, designating the TWTR Weekly $15-16 Calls to be our targets.

It certainly wasn’t the first time we’ve used Twitter in this manner, and it probably won’t be the last. Regardless of which set of contracts was chosen, multi-bag, single-session gains were there for the taking:

$15 Calls – Range: .30-1.49 – Max Gain: 397%
$15.50 Calls – Range: .40-1.00 – Max Gain: 150%
$16 Calls – Range: .21-.61 – Max Gain: 190%
_________

FRESH Options Idea: UPS 05/05 $108-111 Calls


Akebia Therapeutics, Inc. AKBA

An honorable mention from yesterday’s report was AKBA, which we tagged for observation after noticing some abnormal premarket activity on our routine morning scan.

The stock traded in a respectable range from a low of 11.08 to as high as 13.94. That works out to an intraday move of 26% which came on massive volume of an astonishing 110X the 30-day average! It also managed to close holding roughly half of its daily increase at 12.50, so we’re definitely going to be on the lookout for continued activity in AKBA, which could include a dip-and-rip pattern at some point.


American Leisure Holdings, Inc. AMLH

We tracked AMLH over some monstrous gains from the end of March, to earlier this month. The move took it from super-subpenny lows of .0003 to a high of .007 (+2233%), so we weren’t at all surprised to see a consolidation period follow over the next several sessions.

The stock did however find support and make a reversal off of the .0029 level beginning last week, and heading back up to its previous high of .007 yesterday, marking a 141% swing. We’ll look for the stock to break through that resistance at .007, which would effectively put AMLH into Blue Sky Breakout mode, and trading at its highest prices since the Fall of 2015.


Extended Watchlist:
ALIM, BLDV, MDGS, SSKN, SINO, PURA(News)

Blue Horseshoe Stocks: SIRG Review, Options Update & More

TripAdvisor, Inc. TRIP – Options Update

After witnessing intraday gains from 380-650% from the range of TRIP Weekly Calls we tagged for tracking on Wednesday (as well as a 120% pop from the 10/30 $85 Calls we also signaled) , we continued to monitor those contracts yesterday and were met with further opportunities.

$80 Calls – Daily Range: .90-3.50 – Max Gain: 288%
$81 Calls – Daily Range: .55-2.10 – Max Gain: 281%
$82 Calls – Daily Range: .30-1.40 – Max Gain: 366%

The majority of the open interest in the original range of contracts we highlighted (78.50-82.50 Calls) fell in the $80’s and above, and that’s also where we’ll want to see the stock maintain support on any pullbacks. We’ll continue to look for action there as the week draws to a close.

We’ll also continue to keep an eye on the 10/30 $85 Calls over the next couple of weeks leading up to their expiration.

Fresh Options Idea:

Youku Todou, Inc. YOKU Is gapping up considerably in the premarket after Alibaba (BABA) submitted an offer to buy the company’s streaming video service. We’ll be looking for action in the Weekly $23-26 Calls, as well as a longer-term idea of the 10/06 $27 Calls in the event of a sustained breakout.

*Just to float the usual reminder for a Friday session: Volatility rises in options contracts with a weekly expiration which heightens the risk-reward factor considerably, so extreme caution should be exercised.


Sierra Resources Group, Inc. SIRG 

We flagged SIRG in yesterday’s extended watchlist, and the stock had a heck of a session, hurtling out of super-subpenny territory. From an early morning low of .0007, the stock stair-stepped its way to an afternoon high of .0015.

That registered as an intraday gain of 114% and the move occurred on volume which exceeded the monthly average by approximately three times.

Added Note:

Speaking of super-subpenny movers that we’ve been tracking; Manzo Pharmaceuticals, Inc. MNZO appeared on our watchlist last Wednesday and has since produced a healthy swing. We observed a low of .0003 subsequent to our mention of the stock, followed by a high of .001, which is equal to a 233%

Both this and SIRG serve as good examples of why we’d never completely abandon speculation in subpenny stocks. There’s always a chance that the next high-flyer is just around the corner, and as you can see, the possible gains over a short period can be quite substantial.


Extended Watchlist:
ALIM, COLV, NECA, KATX

Get Our FREE Daily Reports!