Hot Options Plays

Options Review

In yesterday morning’s premarket report, we signaled our interest in tracking a pair of options ideas following earnings reports from BSX and CAT, going bullish on one and bearish on the other.

We couldn’t have called them any better, as both sets of ideas returned numerous multi-bag runs on the day, with the following potential profits on the table:

BSX Weekly $38.50-40.50 Calls
$38.50 Calls – Range: 1.38-2.21 – Max Gain: 60%
$39 Calls – Range: .99-1.80 – Max Gain: 82%
$39.50 Calls – Range: .57-1.33 – Max Gain: 133%
$40 Calls – Range: .31-.91 – Max Gain: 194%
$40.50 Calls – Range: .18-.46 – Max Gain: 156%
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CAT  Weekly $134-131 Puts
$134 Puts – Range: 1.13-3.70 – Max Gain: 227%
$133 Puts – Range: .85-3.10 – Max Gain: 265%
$132 Puts – Range: .60-2.55 – Max Gain: 325%
$131 Puts – Range: .48-2.10 – Max Gain: 338%

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Fresh Options Ideas: 
AZN Weekly $46-47 Calls
PYPL Weekly $104-105 Calls
MSFT Weekly $138-139 Calls 


Extended Watchlist:
BAS, SDC, WTER, TTNP, OGEN, EROS, HEPA, BLGI

Blue Horseshoe Stocks: THC Explosion


Tenet Healthcare Corp. THC – Options Explode

We included a fresh options trading idea for THC in yesterday morning’s premarket report. The stock was exhibiting the characteristics of a potential bottom bounce play, and we signaled the THC Weekly $18-18.50 Calls to correlate with the possible rebound.

We got just what we were looking for, however, with far greater single-session figured than we could have imagined. The results were two of the best intraday gain possibilities that we’ve identified in 2019, tipping the scales with twenty-bagger status!

$18 Calls – Range: .10-2.14 – Max Gain: 2040%
$18.50 Calls – Range: .05-1.52 – Max Gain: 2940%

Updated Idea: THC Weekly $19.50-20 Calls 


PCT Ltd. PCTL 

For another quick update on PCTL, the OTC play we’ve been tracking, yesterday the stock registered new highs for the third time this week.

PCTL traded in a range from .017 to .029, for an intraday rip of 71% which also represented a total increase of 226% over our .0089 observed low following our initial alert on Monday morning.


Fresh Options Ideas:
SPY Weekly $301-302 Calls
BUD Weekly $99-101 Calls
MMM Weekly $185-190 Calls


Extended Watchist:
NOK, AZN, MYSZ, FCEL, LPTX, GHDX, UPS, DPW

Blue Horseshoe Stocks: Big Winners from Friday

Big Winners from Last Week
Due to the sheer number of winning plays to report on from Friday’s newsletter, we will give only a brief summary including the name of the company, the ideas we submitted, and the total possible gains they had provided by the end of the week.

Nearly everything we’ve had our hands in recently has made some type of the move to the upside, continuing a very promising trend that we have established in the first months of 2019.

AstraZeneca plc AZN –We cited some contracts here earlier in the week (Weekly $39-39.50 Calls), as well as updated that idea on Friday with a couple of new targets at higher strike prices (Weekly $40-40.50 Calls). All contracts involved saw significant moves/new highs.

$39 Calls – Range: .55-1.39 – Max Gain: 153%
$39.50 Calls – Range: .19-1.35 – Max Gain: 611%
$40 Calls – Range: .23-.95 – Max Gain: 313%
$40.50 Calls – Range: .12-.38 – Max Gain: 217%
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Electronic Arts, Inc. EA – We had the EA Weekly $107-109 Calls in Friday’s report as a fresh idea, and all three of those plays could have worked out nicely for traders. We saw double bag gain opportunities across the board in this case.$107 Calls – Range: .78-1.60 – Max Gain: 102%

$108 Calls – Range: .50-1.13 – Max Gain: 126%
$109 Calls – Range: .33-.66 – Max Gain: 100%
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Canopy Growth Corp. CGC – We’ve been watching Canopy since well before the stock uplisted to the NYSE from the OTC, and while what was supposed to be a Canadian cannabis boom has been much more subdued than anticipated, we still like to keep tabs on this one and use its activity to our advantage wherever possible. On Friday we targeted the CGC Weekly $46.50-48 Calls and were met with multi-bag intraday gains there as well.
$39.50 Calls – Range: .83-2.01 – Max Gain: 142%
$40 Calls – Range: .62-1.60 – Max Gain: 158%
$40.50 Calls – Range: .43-1.20 – Max Gain: 179%
$40 Calls – Range: .31-.90 – Max Gain: 190%
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SPDR S&P500 ETF (SPY) – Last but not least, we had an idea for the SPY options chain, as we very often do, and all of those contracts provided us with big profit chances as they very often do! All five targets in the range of our SPY Weekly $274.50-276 Calls made big moves.
$274.50 Calls – Range: .85-2.92 – Max Gain: 244%
$275 Calls – Range: 1.26-2.62 – Max Gain: 108%
$275.50 Calls – Range: .86-2.61 – Max Gain: 203%
$276 Calls – Range: .50-1.60 – Max Gain: 220%
$276.50 Calls – Range: .22-1.10 – Max Gain: 400%

Walmart, Inc. WMT – Fresh Options Idea
Today we want to keep things rolling with a new idea to kick the week off on, and that is going to be WMT Weekly $101-104 Calls. The stock broke a double-top area of resistance on Friday, and this morning, an across-the-board earnings beat should help create some nice activity in our designated range.
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Bonus Idea:
Advance Auto Parts, Inc. AAP Weekly $165-170 Calls

Extended Watchlist:
IDVV, DPW, EROS, VIAV, BLIN, CLSD, VKTX

Blue Horseshoe Stocks: Fresh Options Ideas & More

OPTIONS UPDATES

Activision Blizzard. Inc. ATVI – To follow up with our idea from Wednesday morning in our premarket report, the ATVI Weekly $42-43.50 Calls, we wanted to provide one more update after another big move from the stock pushed our highlighted targets to new highs yesterday, and registered a really impressive two-day swing.

The following moves are the overall increases from the lows we observed on Wednesday: 

$42 Calls – 1.32-4.50 (+241%)
$42.50 Calls – .98-4.00 (+308%)
$43 Calls – .70-3.50 (+400%)
$43.50 Calls –  .44-3.05 (+593%)

Today, we are going to turn our attention to a slightly higher strike area, the ATVI Weekly $44.50-46 Calls*.
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AstraZeneca plc AZN – The AZN Weekly $38-39.50 Calls  were on our radar yesterday morning as our fresh options idea, and despite the lower end of that range being pushed too far in the money, we still saw some solid moves out of the $39’s and $39.50’s.

The $39’s ran from .55-.90 for a gain of 64%, while the $39.50’s cruised from a low of .19 to hit .55; a big-time intraday pop of 189%  We want to continue to watching this chain as well, with the 39.50’s, and also rolling up to include the $40 and $40.50’s*.
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FRESH IDEAS:

SPY Weekly $274.50-276 Calls*
CGC Weekly $46.50-48 Calls*
EA Weekly $107-109 Calls*
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*Trading Weekly contracts on Friday should not be attempted unless you are an expert level trader with disposable funds.


Invacare Corp. IVC – Recap

Also appearing in yesterday’s report, was IVC, which we tagged in our extended watchlist. The stock made a good move on the day, which warrants further observation in coming sessions.

From a low of 7.21 IVC reached 9.54, which was good for an intraday rise of 32% which made it the second highest gainer on the NASDAQ for Thursday. We’ll continue to monitor this one as well.


Extended Watchlist:
ARSN, CBAY, SLDB, ICON, NGL, ADMA

Blue Horseshoe Stocks: ATVI Winners & More

Activision Blizzard. Inc. ATVI – Big Winner

We signaled a range of calls in the Activision chain yesterday morning in our premarket report following the company’s earnings report, which were bullish despite the fact that ATVI’s quarterly figures were a disappointment. We indicated that we would put the ATVI Weekly $42-43.50 Calls on watch, and they were good ideas across the board.

In each of our designated contract sets, we saw not one, but two remarkable intraday swings, that gave traders plenty of chances for single-session profits of a significant nature. We’ve listed all the moves and total possible gains below:

$42 Calls – Move #1: 1.48-3.20 (+116%)  | Move #2: 1.32-3.35 (+154%)
$42.50 Calls – Move #1: 1.12-2.75 (+146%) | Move #2: .98-2.85 (+191%)
$43 Calls – Move #1: .89-2.32 (+161%) | Move #2: .70-2.40 (+243%)
$43.50 Calls – Move #1: .70-1.90 (+171%) | Move #2: .44-1.90 (+332%)
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Fresh Options Idea:

AstraZeneca plc AZN Weekly $38-39.50 Calls


Pernix Therapeutics Holdings, Inc. PTX

Even as we continue our excellent 2019 track record for options ideas, we don’t want to forget about the stocks on our watchlist that have been performing well.

A fantastic example of that is a stock we tagged as a bottom watch play back on December 20th. Over the past seven weeks, the stock has ramped up quite impressively, leading to a new high yesterday that we wanted to recap today.

From our observed low of .32 on PTX subsequent to our alert, to yesterday’s new high, represents an increase of 588%


Extended Watchlist:
OHGI, AY, SNBR, IVC, CHEK, AKAO, TELL, BRS, PS, SOLO

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