ULTA Options Review, OTC Runner & More

Winning Options Recap: 

On Friday morning, we were marveling at the performance of all of the excellent options ideas we floated to our readers last week, with nearly every signal we made yielding chances for sizable quick-strike gains.

We ended the week with two final options target suggestions, and unsurprisingly, we hit on both of those as well. Our interests were the ULTA Weekly $335-345 Calls, and the CRM Weekly $232.50-237.50 Calls. ULTA was the favorite by a nose, but they both produced significant chances for intraday profit.

Here are the figures on the ranges and total possible gains on the table for those plays: 

ULTA Weekly $335-345 Calls
$335: 8.69-15.70 (+81%)
$337.50: 7.77-14.40 (+85%)
$340: 5.33-12.90 (+142%)
$342.50: 4.10-9.65 (+135%)
$345: 2.93-8.05 (+175%)
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CRM Weekly $232.50-237.50 Calls

$232.50: 6.28-9.82 (+53%)
$235: 4.00-7.50 (+87%)
$237.50: 2.24-5.07 (+126%)


Fresh Options Ideas:

This morning we are going to signal a longer-term set of calls for NGM, which is searching for a bottom at the present time. When the inevitable rebound occurs, there is a massive $10 gap on the chart to the upside which could pave the way for a nice rebound play in the NGM 07/16 $15-17.50 Calls.

We’ll also watch the CAN 06/18 $7.50-10.00 Calls, the KIRK 06/18 $25-27.50 Calls, and the CLDR Weekly $15-16 Calls on the heels of the three companies’ earnings drops this morning.
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Bonus Idea:
BABA Weekly $222.50-227.50 Calls


Good Gaming, Inc. GMER – One more brief note on another winning play for us- we signaled GMER in Friday’s extended watchlist and subsequently witnessed a pretty good performance from the stock. It traded in a range from .0461-.174, providing chances at huge gains of up to 277% on the day!


Extended Watchlist:
AMC, VTNR, CLDR, OEG, NWGC, SBFM, GRLT, WSGF, AVVH, RITE

Blue Horseshoe Stocks: Options Explosion

Adobe, Inc. ADBE – Update

ADBE continued its incredible performance just as we said it would in yesterday morning’s premarket report.  We had already tracked our idea, the ADBE Weekly $285-290 Calls to gains roughly in the area of 150-230% on Wednesday.

The updated figures after yesterday’s huge session are very impressive indeed. Here are the total possible gains that options daytraders could have netted off of our alert. 

$289 Calls – Range: 2.94-17.49 – Max Gain: 495%
$289.50 Calls – Range: 1.83-14.68 – Max Gain: 702%
$290 Calls – Range: 1.07-12.52 – Max Gain: 1070%

This is the reason that we spend most of our time these days focusing on quick-strike options ideas. The short-term gain potential exceeds even that of the OTC Markets, which used to be our primary area of focus, many years ago.
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Speaking of options success, the other fresh ideas we included in yesterday’s morning report also produced some fantastic intraday gain chances:

Commercial Metals Co. CMC Weekly $16-17 Calls
$289 Calls – Range:.45-1.30 – Max Gain: 189%
$289 Calls – Range: .10-.40  – Max Gain: 300%

Oracle Corp. ORCL Weekly $55-56 Calls
$55 Calls – Range: .84-2.53 – Max Gain: 201%
$55.50 Calls – Range: .60-2.05 – Max Gain: 242%
$56 Calls – Range: .34-1.59 – Max Gain: 368%
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Fresh Ideas:
CarMax, Inc. KMX Weekly $85-87.50 Calls

Lowes Companies, Inc. LOW 07/12 $101-104 Calls


Extended Watchlist:
CLDR, PDS, IGC, FSI, CFMS, EGY, SDRL, PECK, PBF, AXGT, OCUL

Blue Horseshoe Stocks: BABA Options & More

Alibaba Group Holding Ltd BABA – Options

To kick off this brand new trading week, we are interested in tracking a range of calls in the BABA chain, after shares dipped on the news that co-Founder Jack Ma will be stepping down and handing full control over to the CEO effect next year.

The reactionary selloff may provide us with some solid options trading chances, so we are going to keep an eye on the BABA 10/12 $165 & 167.50 Calls in the days and weeks ahead.


OPKO Health Inc. OPK

Shares of OPK took a bath on Friday, briefly falling below the stock’s 200DMA, and closing well in the red on the day. We’re going to signal our interest in tracking OPK as a bottom-watch play.

The stock is approaching extremely oversold territory, and in the midst of its downturn we observed some Form-4 submissions, with insiders buying up shares on Friday as the bottom fell out.

That suggests a confidence that it may not have much further to fall, so we will want to hang around as OPK searches for a bottom and solid rebound point.



Extended Watchlist:
TAHO, ECYT, TLRY, CGC, AKER, CLDR, FRED, IGC