AVGO Archives - Page 7 of 8 - Blue Horseshoe Stocks

Options Recap, OTC Bottom-Watch Play

Incredible Options Gainers:

We finished out last week with an absolute bang as we signaled a wide range of options ideas in Friday morning’s report that would churn out opportunities for enormous intraday gains.

The top runners of our day were our targets in the SPY Weekly $379-380 Calls, the AVGO Weekly $445-447.50 Calls and the COST Weekly $320-315 Puts. We had a range of ideas in the GPS chain but the gains didn’t compare with the following huge winners.

Just look at the trading ranges and total possible single-session gains that were on the table with these plays:

SPY Weekly $379-380 Calls
$379: .24-5.76 (+2300%)
$380: .16-4.77 (+2881%)
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AVGO Weekly $445-447.50 Calls
$445: .45-6.10 (+1256%)
$447.50: .35-3.71 (+960%)
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COST Weekly $320-315 Puts
$320: 6.66-13.00 (+95%)
$317.50: 5.85-11.60 (+98%)
$315: 4.14-9.33 (+125%)
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Fresh Options Ideas:
SPY 03/08 $382-383 Calls (Expires this afternoon!)
XPEV Weekly $28-30 Calls

Clean Coal Technologies, Inc. CCTC

For a little OTCQB action, we want to go ahead and tag CCTC for observation. The stock appears ready to start coming off of being oversold.

It had a nice run toward the beginning of the year, and we’re going to place it on watch for the possibility of similar future activity, with primary resistance at the current 50DMA of .013, and the MACD indicating the possibility of an impending reversal.

Extended Watchlist:
OZSC, INND, DPLS, PHIL, SEGI, CCTL, USMJ, SRMX, WHSI

Wrapping Up Another Strong Trading Week

Snowflake Inc. SNOW – Options Review

In yesterday morning’s premarket report, there was a clear standout among our options ideas of the day. We had tagged the SNOW Weekly $247.50-250 Calls for observation following the company’s earnings drop. It was a release with mixed results, but that didn’t stop traders from pushing the stock as high as 279.45 on the session.

SNOW’s intraday move facilitated some fantastic numbers in our designated targets. The total possible gains were in the eight-bagger range, and were as follows:

SNOW Weekly $247.50-250 Calls
$247.50: 3.40-32.64 (+860%)
$250: 3.07-29.39 (+857%)
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Fresh Options Ideas*:
COST Weekly $320-315 Puts
AVGO Weekly $445-447.50 Calls
GPS Weekly $25.50-26.50 Calls
SPY Weekly $379-380 Calls

*Please do not attempt to trade options with a weekly expiration on Friday unless you are an advanced level trader with access to disposable funds!

For The Earth Corp. FTEG

FTEG is a CBD play traded on the OTC that we tagged in yesterday morning’s extended watchlist, after noticing two of the company’s overdue reports were filed for the previous two quarters. FTEG is currently working toward coming current, and that represents progress toward that end, so that’s something we’re going to want to keep an eye on.

Whenever a defunct OTC stock goes current, the attention it brings can often drive some serious moves. We’ve witnessed many subpenny runners of late, and FTEG could get its chance, so we’re going to want to monitor this one closely over a longer period of time.

Extended Watchlist:
GRLF, INND, SANP, VPER, FORW, NSAV

Sweeping Options Success

US Steel Corp. X – Update

Following our report on Tuesday morning wherein we signaled the X Weekly $8.50-9 Calls for tracking, those contracts steadily put on more gains for the remainder of the week, with the big finish coming on Friday.

Our two targets had already reached multi-bag status the previous day, but really kicked things into high gear to close out the week.

Here are the total moves made by those ideas from Tuesday through Friday:

X Weekly $8.50-9 Calls
$8.50: .23-2.08 (+804%)
$9: .07-1.55 (+2114%)

More Big Winners

We also had formulated two fresh options trading ideas for Friday’s session, highlighting the SPY Weekly $313-315 Calls and the AVGO Weekly $310-317.50 Calls and we are pleased to report that we hit the nail on the head in both of those cases as well.

Solid gains were available to ourselves and our readers across the board. Here were the maximum profits made possible by those plays:

SPY Weekly $313-315 Calls
$313: 2.62-8.11 (+210%)
$314: 2.03-7.23 (+256%)
$315: 1.50-6.20 (+313%)
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AVGO Weekly $310-317.50 Calls
$310: 11.21-19.20 (+71%)
$312.50: 10.99-16.96 (+54%)
$315: 8.59-15.99 (+86%)
$317.50: 4.56-14.36 (+215%)

Fresh Options Idea:
NKLA Weekly $42-43 Calls

Extended Watchlist:
BLXX, HDII, IGEN, UAPC, UNVC, JCPNQ,

Surprise Jobs Numbers Causing Market Surge

US Steel Corp. X – Update

Our US Steel targets from Tuesday morning’s premarket report continued to rise during yesterday’s session. We had mentioned the X Weekly $8.50-9 Calls We saw some nominal gains that day and on Wednesday cautioned that the party wasn’t over yet for those ideas.

Sure enough, we saw some very nice increases yesterday, pushing our ideas much higher and into multi-bag gain territory. The total moves on the week were as follows:

X Weekly $8.50-9 Calls
$8.50: .23-.81 (+252%)
$9: .07-.35 (+400%)
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Fresh Ideas*:
SPY Weekly $313-315 Calls
AVGO Weekly $310-317.50 Calls

*Please DO NOT attempt to trade options contracts with a weekly expiration on a Friday unless you are an advanced-level trader with access to disposable funds!

Luckin Coffee LK – Recap

We’ alerted on LK in last Wednesday’s report, at which time we stated that the stock was showing signs of a reversal. We put it on watch, and it didn’t take long for the stock to see a low of 2.00 before launching into a multi-day run.

Yesterday the stock hit 4.94, marking a move up from our observed low of 147% This morning in the premarket, that figure has been extended as the stock has changed hands for as much 5.71. That means we’ve witnessed an overall increase of 186% in a span of just eight trading days!

Extended Watchlist:
VISL, TTPH, HDII, CRGE, IGEN, GRST

Friday’s 40,000% Gainer

Incredible Options Gains

Even as markets around the globe struggle with the unprecedented effects of the novel coronavirus, chances for ridiculously large profits have been available to short-term traders. On Friday, we submitted some options ideas in our premarket report, and among them came the top gaining idea we have ever produced in our entire recorded history. All in one session.

We signaled interest in the AVGO Weekly $220-230 Calls and the ADBE Weekly $295-305 Calls, and saw some eye popping gains, including an unbelievable 40,000% runner!

AVGO Weekly $220-230 Calls
$220: .03-12.40 (+41233%)
$225: .01-4.30 (+42900%)
$230: .02-2.00 (+9900%)
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ADBE Weekly $295-305 Calls
$281: 22.00-40.09 (+82%)
$280: 4.00-21.00 (+425%)
$279: 1.64-15.00 (+876%)

Target Corp. TGT – Update

On Thursday morning we signaled a range of extended-term TGT ideas, the TGT 04/03 $98-90 Puts. In addition to current market conditions, the stock was exhibiting a gap to the low-side, and undergoing insider sales. It has created a perfect storm for shorts, and with the way things are going, the rewards should be there for the reaping this week.

We just wanted to remind everyone to watch these plays closely in the next few sessions, as we still expect to see significant gains from these ideas.

Extended Watchlist:
AYTU, KAVL, ZAAG, MRNA, NVNT, OCUL, INO