Blue Horseshoe Stocks: Options Recap, Form-4’s

Campbell Soup Co. CPB

After Campbell’s beat on earnings, we formulated an options idea in yesterday’s premarket report to go along with the activity we were observing. Our targets were the CPB Weekly $38.50-40.50 Calls, and despite a down day for the markets in general, CPB produced just the right performance to allow for some really nice gains.

Every single one of the five contracts contained within our designated range produced a big opportunity for quick profits.

$38.50 Calls – Range: 1.50-2.94 – Max Gain: 96%
$39 Calls – Range: .91-2.52 – Max Gain: 177%
$39.50 Calls – Range: .83-2.05 – Max Gain: 147%
$40 Calls – Range: .55-1.80 – Max Gain: 227%
$40.50 Calls – Range: .40-1.40 – Max Gain: 250%
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Fresh Options Idea:
ADSK Weekly $131-133 Calls


Form-4 Alerts

Aside from earnings-related options ideas, we also routinely scan for Form-4 submissions indicating insider buying on stocks that are at or near a relative low. We also look for stocks whose charts have large gaps to fill to the upside.

Both of the following stocks we’re placing on bottom watch here check all of those boxes, as you can see on the included side-by-side charts. We’ve also formed a corresponding options idea for both:

Zillow Group Inc. Z
01/18 $30-40 Calls

Coty, Inc. COTY 
01/18 $8-10 Calls


Extended Watchlist:
SGSI, INPX, FPAY, BJ, TAOP, NVLN, CREG, PAGS, CMCM, BZUN, NBEV

Blue Horseshoe Stocks: Fresh Options Three-Pack!

Galectin Therapeutics, Inc. GALT

About a week ago, we signaled GALT for observation, a stock we’ve had quite a bit of experience tracking in the past. It had been in a bearish downslide for the better part of two months, and had just begun to rebound.

We wanted to come back around for an update on the move GALT has made since that time. After seeing a low of 4.06, the stock has traversed its way back to a high of 6.53. That marks a respectable upswing of 61% and puts us on alert for the possibility of more moves.


SPDRA S&P 500 ETF (SPY) – Options Idea

Our fresh options idea for yesterday morning was the SPY Weekly $290-291.50 Calls to watch into the end of the week. With a solid midday performance for the SPY, some significant intraday gains were made in our designated targets.

$290 Calls – Range: .98-1.54 – Max Gain: 57%
$290.50 Calls – Range: .67-1.13 – Max Gain: 69%
$291  Calls – Range: .43-.79 – Max Gain: 84%
$291.50 Calls – Range: .25-.50 – Max Gain: 100%

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 Fresh Ideas:
LULU Weekly $149-152.50 Calls
BIG 09/21 $42.50-45 Calls
DLTR 09/21 $82.50-85 Calls


Extended Watchlist:
SAEX, OHGI, CMCM, BIOAF, MTSL, SSC

Blue Horseshoe Stocks: JWN Recap & More

Nordstrom Inc JWN

The first thing we want to talk about this morning is the performance of JWN on Friday following its inclusion in our premarket report. We zeroed in on the JWN Weekly $52.50-57.50 Calls for some end of the week daytrading opportunities, and came up with some really nice movers.

Strong multibag moves were there for the taking all across the board, helped out by the company’s Q2 revenues which easily surpassed expectations on the Street with the aid of a boost in sales.

$52.50 Calls
– Range: 3.00-6.60 – Max Gain:  120%
$55 Calls – Range: 1.12-4.20 – Max Gain: 275%
$57.50 Calls – Range: .19-1.69 – Max Gain: 789%

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Canopy Growth Corp. CGC

For another update, we want to track back to our idea from Wednesday morning’s premarket report, the CGC 09/21 $30-40 Calls.

The stock achieved new highs on Friday, and thus our highlighted options calls continued to pile on more gains as well. Here’s the ranges and total possible profits on those contracts so far:

$30 Calls – Range: 1.76-4.50 – Max Gain: 156%
$35 Calls – Range: .56-2.00 – Max Gain: 257%
$40 Calls – Range: .16-.72 – Max Gain: 350%
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Tyson Foods Inc. TSN – Review

A couple of weeks ago on August 6th, we signaled a range of TSN calls as the stock was just coming off of a bottom in the mid-$50 range. Those were the TSN 08/31 $62-63 Calls, and after a solid stretch of upward momentum, the stock reached new highs on Friday at $62.60.

That move has allowed for big gain chances in two out of three of our designated calls. The $63’s haven’t quite begun to see action just yet, but we’ve seen great moves from the $62’s, which ran from .30-.95 (+217%) and the $62.50’s which traded up from .22 to .61 (+177%)
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Fresh Idea:
SPY 08/20 $284.50-286 Calls 



Seven Stars Cloud Group Inc SSC

We slated SSC for observation on July 24th and the stock traded as low as 1.95 following that mention. This morning we are seeing an abnormal gap up, with the stock trading as high as 5.30 in the premarket.

So, in addition to the 172% move we have witnessed thus far, we will be on the lookout for a dip-and-rip to possibly see even more gains out of this play.


Extended Watchlist:
BV, ABIL, PPDF, LKM, CBPO, TIS, RSLS, SSKN, CMCM