Wrapping Up a Solid Trading Week

Options Recap: 

It was a treacherous day for the markets yesterday, with the vast majority of big board stocks pulling back, but we still managed to go two for three on options ideas despite signaling calls across the board.

The two ideas that recorded notable intraday moves before falling off into the close, were the NOW Weekly $530-540 Calls, and the TSLA Weekly $930-945 Calls. Oftentimes post-earnings plays will still provide such opportunities even if they can’t sustain the momentum, which is exactly why we base most of our targets around quarterly reporters on a given day.

Here are the early moves registered by the above mentioned targets: 

NOW Weekly $530-540 Calls
$530:
 4.60-10.59 (+130%)
$535: 3.11-8.70 (+180%)
$540: 2.00-5.60 (+180%)
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TSLA Weekly $930-945 Calls
$930: 7.43-11.12 (+50%)
$935: 3.41-5.77 (+69%)
$940: 3.05-5.06 (+66%)
$945: 2.77-4.48 (+62%)


Fresh Options Ideas: 
SPY 01/28 $430 Puts
AAPL Weekly $165 Puts
CAT Weekly $210-207.50 Puts
V Weekly $212.50-217.50 Calls

*Please use extreme caution when trading options on their day of expiration. It should only be attempted by experienced traders with access to disposable funds


Trans Global Group, Inc. TGGI – Update:

We have also been tracking TGGI quite a bit over the past several weeks, tagging it in our extended watchlists. Since our last mention of the stock it has made a move from .0081-.0143. That works out to an overall upswing of 77%


Extended Watchlist:
SKYI, GODYF, RGBP, CGSI, TLSS, APPT, IMPP, VCNX, BOIL, KSCP

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

Harley Calls Pop & More

Harley-Davidson, Inc. HOG

Our fresh options trading idea for Harley on the heels of the company’s earnings report yesterday morning, was to track the Harley-Davidson, Inc. HOG Weekly $38.50-40 Calls. Sales fell in the company’s third fiscal quarter, but not by as much as was expected.

The report allowed HOG to buck the overall market downtrend on the day, and the move it made facilitated the following intraday opportunities in our designated contract sets:

$38.50 Calls – Range: .47-2.20 – Max Gain: 368%
$39 Calls – Range: .35-1.80 – Max Gain: 414%
$39.50 Calls – Range: .17-1.30 – Max Gain: 665%
$40 Calls – Range: .12-.99 – Max Gain: 725%

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Fresh Options Ideas

BSX Weekly $38.50-40.50 Calls
CAT  Weekly $134-131 Puts


Extended Watchlist:
TTNP, SSI, HEPA,

Blue Horseshoe Stocks: SBUX Success & More

Starbucks Corp. SBUX – Recap

We formulated some options ideas for Friday morning’s premarket report, and among them were the SBUX Weekly $66-67.50 Calls. Continuing a trend that we carried throughout the week, we once again struck upon multi-bag gains off of an earnings related play. This type of trade has become one of our go-to moves for this very good reason. We urge any skeptics to rifle through our blog and check our record on this. We believe our success rate is unparalleled.

$66 Calls – Range:.65-1.65 – Max Gain: 154%
$66.50 Calls – Range: .40-1.35 – Max Gain: 238%
$67 Calls – Range: .22-.80 – Max Gain: 264%
$67.50 Calls – Range: .10-.49 – Max Gain: 390%
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We also had the WDC Weekly $43.50-45 Calls in Friday’s report, and despite the fact that only the $43.50’s ended up being in play, the potential gains they afforded traders were exceptional. They traded up from a low of .03 all the way up to .26- a move of 767% on the day.


Caterpillar, Inc. CAT

We’ll once again look to a premarket earnings release to provide us with the impetus for a fresh idea this morning. Caterpillar missed on profits and issued unimpressive guidance, as the company reported disappointingly low demand, specifically in the Chinese market.

We are going to take a bearish view on this for the near-term, and put the CAT Weekly $132-128 Puts on watch to kick off the fresh trading week.


Extended Watchlist:
AVCO, TEUM, SUPN, OGEN, RBZ, BLPH, BW, IAG

Blue Horseshoe Stocks: Big Options Success

OPTIONS RECAP

Both of the fresh options ideas we submitted in yesterday morning’s premarket report turned out to be multi-bag winners, with the MCD $170’s turning in the winning card of the day with nearly a three thousand percent pop!

McDonald’s Corp. MCD

We selected thethe MCD Weekly $165-172.50 Calls yesterday, and as we just stated, one of those contracts absolutely exploded for close to a thirty-bagger! All the other contracts in our highlighted range posted big-time gains on the day as well.

$165 Calls – Range: 4.10-12.50 – Max Gain: 205%
$167.50 Calls – Range: 1.24-10.34 – Max Gain: 734%
$170 Calls – Range: .28-8.48 – Max Gain: 2929%
$172.50 Calls – Range: .67-5.85 – Max Gain: 773%
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SPDR S&P 500 ETF (SPY) – The other plays we had placed on our radar yesterday morning was the SPY 10/31 $275-277 Calls as we awaited a recovery from this week’s early losses. While the markets didn’t gain any ground from the open, there was a big dip-and-rip scenario which allowed for some very solid gains in our designated plays.

$275 Calls – Range: 1.11-3.00 – Max Gain: 170%
$275.50 Calls – Range: 1.02-2.69 – Max Gain: 164%
$276 Calls – Range: .68-1.93 – Max Gain: 184%
$276.50 Calls – Range: .74-2.13 – Max Gain: 188%
$277 Calls – Range: .65-1.93 – Max Gain: 197%
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Fresh Options Idea:
The Boeing Co. BA Weekly $357.50-367.50
Caterpillar, Inc.CAT 11/16 $120-123 Calls


Barrick Gold Corp. ABX

We want to provide a quick update on a recent tag of ours this morning. Exactly 4 weeks ago to the day, we placed ABX on watch, and the stock has enjoyed a continuous uphill climb ever since, even despite the markets at large having a rough couple of weeks.

Subsequent to our alert on the 24th of last month, we witnessed a low of 10.72, and yesterday the stock reached a PPS of 14.10, marking a solid 32% increase, which is nothing to sneeze at with a $10+ stock in just a month. We’ll continue to track its movements going forward.


Extended Watchlist: 
ZIXI, ACB, TOPS, NDRA, ACB, ESEA, FRO, AGRX, CPHI

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