BPMC Archives - Blue Horseshoe Stocks

Friday’s Figures, 2 New Potential Plays

Friday’s Movers:

We closed out the 4-day week on Friday with vigor, citing a slate of three potential options plays that we were interested in tracking via our premarket report. Unsurprisingly, we saw some pretty nice moves out of each of those candidates. It was a nice way to close out what had been an excellent trading week.

Our daily interests were the MRVL Weekly $63-61 Puts, the GAP Weekly $25-24 Puts, and the COO 06/20 $75-70 Puts, and here were the best runs they posted on the day:

MRVL Weekly $63-61 Puts
$63: 2.13-4.30 (+102%)
$62: 1.25-3.30 (+164%)
$61: .56-2.28 (+307%)
_____

GAP Weekly $25-24 Puts
$25: 1.93-3.12 (+62%)
$24.50: 1.44-2.41 (+67%)
$24: .91-1.67 (+83%)
_____

COO 06/20 $75-70 Puts
$75: 4.75-8.50 (+79%)
$70: 1.80-4.42 (+145%)

Fresh Options Ideas:
CPB Weekly $34 Calls
SAIC 06/20 $110-105 Puts

Extended Watchlist:
CLF, APLD, BPMC, DTREF, MINM, GBUX, MATAF, STGZ

Blue Horseshoe Stocks: AVGO Options Recap & More

Broadcom, Inc. AVGO – Recap

To close out the week on Friday, we took our usual approach in signaling some last-minute options ideas for possible daytrades. In this particular case, we were attracted to the AVGO Weekly $252.50-257.50 Calls, and we’re pleased to report total success on that front, with the help of an eleven-dollar swing from AVGO shares themselves.

All three of the contract sets contained within our designated range produced impressive gain opportunities on the day. The total possible profits for daytraders on each set were as follows:

$252.50 Calls – Range: 7.95-13.65 – Max Gain: 72%
$255 Calls – Range: 6.14-11.00 – Max Gain: 95%
$257.50 Calls – Range: 2.70-8.00 – Max Gain: 196%
_____

FRESH OPTIONS IDEA:

We’ll also formulate a new options idea to start off the week this morning. The market looks like it wants to turn around again today, so we’ll go ahead and slate the SPY 06/19 $289-290.50 Calls as our ones to watch.

BOTTOM WATCHLIST:

We’ve also got a three pack of bottom plays with freshly reported earnings today. We’ll place all of the following on watch for possible rebounds this week.

Freds, Inc. FRED
FuelCell Energy, Inc. FCEL
Fang Holdings, Ltd. SFUN

Extended Watchlist:
ALTD, DLYT, XRF, BPMC, SHIP, ROX, CJ, NVUS, PES

Blue Horseshoe Stocks: Big Options Winners

Successful Options Ideas

We formulated some quick-strike, post-earnings options ideas for Home Depot and Advanced Auto Parts in yesterday morning ‘s premarket report. Even with shaky market performance like we’ve seen this week, a good earnings play can go a long way, and we proved it yet again.

Both ideas we submitted produced instant results, with the HD contracts we signaled providing the biggest potential profit by far. Those gains were as follows:

Home Depot, Inc. HD Weekly $180 Calls
Range: .40-3.00 – Max Gain: 650%

AAP Weekly $170 & $175 Calls
$170’s Range: 9.89-14.83 – Max Gain: 50%
$175’s Range: 5.80-9.90 – Max Gain: 71%

More Fresh Options Ideas

We’ll keep the post-earnings options train rolling with another pair of ideas this morning. Especially during times of high market uncertainty, earnings related options plays are our go-to targets.

Canada Goose Holdings, Inc. GOOS Weekly $66-69 Calls
Macy’s Inc. M 12/07 $37 & 37.50 Calls

Bonus Idea:
We’ll also signal some SPY calls that will be in play provided it holds above $270 upon the open. In that event, we’ll be looking at the SPY Weekly $272-274 Calls.

Extended Watchlist:
YGYI, DNR, SHIP, OHGI, PETQ, DSS, HMNY, LMFA, BPMC(Multi-Bottom)