BPMX Archives - Page 2 of 5 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: SPY, TSLA Options

SPDR S&P500 ETF (SPY) – Options Ideas

We’ve now had two consecutive sessions of gains for stocks following a weeks-long downtrend, and are eager to see if this reversal of fortune has a more lasting effect. With a high degree of uncertainty at play, and the potential for volatile swings in either direction, we’re going to signal two opposing sets of ideas in the SPY chain, to set ourselves up for any eventuality. We may even see a case of another dip-and-rip kind of session, where we play one set early on and another later in the day.

Our two sets of ideas are going to be the SPY Weekly $248-249.50 Calls*, and the SPY Weekly $251-250 Puts*. If the SPY can get above the premarket high of 251.16 during the session, we’ll look to our bullish ideas. Failure to do so, will cause us to track the bearish ones. Either way we should have good opportunities laid before us by the SPY today.

Tesla, Inc. TSLA – Options Idea

We’ve also formulated an idea for the TSLA chain. Tesla stock is getting another boost this morning after proposed additions to the board of directors, including Larry Ellison, the founder of Oracle Corp. (ORCL), are being very well received by investors.

We’re going to track the TSLA Weekly $322.50-327.50 Calls* on the heels of this announcement.
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*NEVER trade options with a weekly expiration on a Friday unless you are an advanced level trader with disposable funds!

Extended Watchlist:
QTM, TRVN, BHF, SFET, HSGX, BPMX, OPK, NMFC

Blue Horseshoe Stocks: Options Explosion

Options Review

We are very pleased to report that our options ideas that we formulated fresh for yesterday’s session in our premarket report produced huge chances for profits across the board. We submitted targets in the Dick’s Sporting Goods and Tiffany’s chains following their quarterly earnings reports, and hit the nail on the head in both instances.

Here are the stellar gains that were made possible by our fantastic ideas:

Dick’s Sporting Goods, Inc. DKS Weekly $36-38 Calls
$36 Calls – Range: .20-1.95 – Max Gain: 875%
$37 Calls – Range: .20-1.40 – Max Gain: 600%
$38 Calls – Range: .05-.80 – Max Gain: 1500%

Tiffany & Co. TIF Weekly $95-92 Puts
$95 Puts – Range: 1.30-3.20 – Max Gain: 146%
$94 Puts – Range: .90-2.44 – Max Gain: 160%
$93.50 Puts – Range: .90-2.12 – Max Gain: 136%
$93 Puts – Range: .62-1.85 – Max Gain: 198%
$92 Puts – Range: .45-1.30 – Max Gain: 189%

Zillow Group, Inc. Z – Update

Last Wednesday we also began tracking some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. We highlighted the Z 01/18 $30-40 Calls, and immediately began to see results. Zillow stock has been on a steady incline ever since, beginning to fill the large topside gap on the chart.

We’re happy to report new highs on all three of our selected contracts, which have thus far provided us with the following gain opportunities.

$30 Calls – Range: 1.57-6.11 – Max Gain: 289%
$35 Calls – Range: .57-2.80 – Max Gain: 391%
$40 Calls – Range: .10-.95 – Max Gain: 850%

Extended Watchlist:
SGSI, IPCI, KIRK, RIOT, BPMX, DPW, ANF, ZIXI, YETI, LZB, GSM

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

Blue Horseshoe Stocks: More Thousand Percent Gainers!

Options Review

We included a trio of options ideas in Friday morning’s premarket report, even as we reported hitting a 28-bagger on CGC. Some may have thought that thousand percent gainers were a rarity, but not in this market! They all rose considerably, but TWO out the three ideas yielded chances at single session profits of more than a thousand percent!

Here are those ideas, and the total possible gains they recorded on the day:

AMD Weekly $22.50 & 23 Calls
$22.50: .31-1.48 (+377%) | $23: .07-.97 (+1285%)

ADSK Weekly $147-150 Calls
$147: 6.27-10.58 (+70%) | $148: 3.50-9.59 (+174%) | $149: 3.58-8.40 (+135%) | $150: 2.85-7.62 (+176%)

SPLK Weekly $114-117 Calls
$114: 1.10-12.09 (+999%) | $115: 1.00-11.10 (+1010%) | $116: .95-9.84 (+936%) | $117: 1.10-9.29 (+745%)

Seven Stars Cloud Group Inc SSC

On Friday we noted that our intial alert on SSC on the morning of July 24th led to a a move of 170%+. We then suggested a dip-and-rip could lead to even more gains, and as of the end of the day Thursday we had seen that move, from 2.71 to 4.35.

Friday the rebound continued, with SSC reaching a new high of 5.75. That extended the breadth of this move to 112%, proving that while we mainly focus on options nowadays, our interest in stocks alone still remains.

Extended Watchlist:
NEPT, DPW, RIGL, LLNW, AMRN, BPMX, CNAT, TLRY

Blue Horseshoe Stocks: TSLA Options & More

Aegean Marine Petroleum Network, Inc. ANW

Despite the holiday lull this week, we did manage to unearth one interesting play coming off of 4th of July break, which was the sole focus of yesterday morning’s premarket report.

Apart from the big news of a $1B refinancing plan (>>View PR), ANW was exhibiting the telltale signs of an oversold stock ready to rebound, and sure enough, it moved to partially fill the large gap on the chart to the upside. The stock traded from a low of 1.22 and subsequently hit a high of 2.05, which represents an intraday upswing of 68%

The stock fell just a penny shy of its 50DMA yesterday, and with a significant portion of its gap still left to fill, we’ll want to continue to track its movements for the time being.

Tesla, Inc. TSLA

We’ve had our eye on TSLA for the past few sessions as the stock was spiraling downward. At this point in time, we feel it too may in line for a forthcoming recovery swing, and w want to have an options idea handy for such an event.

We’re going to signal our interest in following the TSLA 08/02 $300-315 Calls in the days and weeks ahead.

Galectin Therapeutics, Inc. GALT

We caught GALT for chances at some really nice gains last month as we tagged the stock on June 12th at a low of 5.83. It went on to register a high of 9.49 (+63%) in the days following that report,. After a period of consolidation of leading into this week, the stock has begun to show signs of perhaps its next leg up.

We’ve pointed out why we’re attracted to the current setup of the chart on the snapshot below:

Extended Watchlist:
RGSE, ACET, CCCR, GLBS, ABIL, BPMX, PRAN