Tag: CMG

Blue Horseshoe Stocks: Options Review

Options Reviews

We went in on two sets of earnings-related options plays yesterday, and we are happy to report that each and every contract with both designated ranges provided ourselves and our readers with some fantastic single session gain opportunities.

Chipotle Mexican Grill Inc. CMG – For Chipotle, despite the fact that people appeared to be discounting the company’s earnings report, it posted solid numbers and sent our targeted contracts flying. We had slated the CMG Weekly $380-385 Calls and were met with the following multi-bag chances:

$380 Calls – Range: 10.00-45.22 – Max Gain: 352%
$382.50 Calls – Range: 8.45-39.75 – Max Gain: 370%
$385 Calls – Range: 4.90-38.80 – Max Gain: 692%

Facebook, Inc. FB – For Facebook, we had also mentioned the FB Weekly $165-172.50 Calls and those produced some very nice moves as well:

$165 Calls – Range: 6.21-11.23 – Max Gain: 81%
$167.50 Calls – Range: 4.19-8.77 – Max Gain: 109%
$170 Calls – Range: 2.36-6.41 – Max Gain: 172%
$172.50 Calls – Range: 1.20-4.21 – Max Gain: 251%
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More Fresh Options Ideas:

We’re going to close out this very fruitful trading week today with a trio of fresh options ideas, but please be advised, trading weekly options on a Friday should never be attempted unless you are a veteran trader with disposable funds.

Amazon, Inc. AMZN Weekly $1640-1650 Calls
Expedia Group, Inc. EXPE Weekly $117-119 Calls
Baidu, Inc. BIDU Weekly $250-255 Calls

Extended Watchlist:
CNHI, ICHR, UAVS, AGMH, INTC, TQQQ

Blue Horseshoe Stocks: CAT Updates & More

Caterpillar, Inc. CAT – Update

After having some success earlier in the week with some higher priced CAT options, we observed a course correction, and yesterday informed readers that we would be rolling our strike prices down to the CAT Weekly $143-145 Calls.

It’s a good thing that we did, too, because we saw some excellent intraday gain opportunities off of those ideas after the session commenced:

$143 Calls – Range: 1.82-5.05 – Max Gain: 177%
$144 Calls – Range: 1.49-4.20 – Max Gain: 182%
$145 Calls – Range: 1.02-3.40 – Max Gain: 233%

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Fresh Options Ideas:

Chipotle Mexican Groll Inc. CMG Weekly $380-385 Calls
Facebook, Inc. FB Weekly $165-172.50 Calls

Spectrum Global Solutions, Inc. SGSI

We tagged SGSI along with its news yesterday morning, and the stock performed very well as a result. Those PRs alluded to some exciting things happening for the company, namely being awarded $1.5M in new contracts, along with a massive share reduction.

SGSI traded in a range from .0055-.0094, for a 71% rip. It was enough fuel to start the fire, now we’re going to want to continue to monitor the situation on the chance that further swing trade opportunities present themselves.

Extended Watchlist:
AAP, AMD, ALXN, CRK, VTVT, UCTT

Blue Horseshoe Stocks: Recaps, Fresh Ideas & More

Chipotle Mexican Grill, Inc. CMG 

Our extreme success on the options front continues. We cited the CMG chart setup as the reason for wanting to have our eye on the CMG Weekly $297.50-305 Calls yesterday morning, and were very pleased with the intraday performance we witnessed. It also didn’t hurt that the founder stepped down to make room for a new CEO, which went over well with the investment community.

Regardless of which strike price was chosen, there were some serious multi-bag single-session gains there for the taking:

$297.50 Calls – Range: 1.50-8.10 – Max Gain: 440%
$300 Calls – Range: 1.15-6.50 – Max Gain: 465%
$302.50 Calls – Range: .77-5.00 – Max Gain: 549%
$305 Calls – Range: .54-3.83 – Max Gain: 609%

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Fresh Idea:

The Kroger Co. KR – We want to signal some options to watch for Kroger as well after the company tidily topped 3Q forecasts with this morning’s earnings report. We’re going to be looking to the KR Weekly 25.50-27.50 Calls to try to take advantage of the conditions. We’re also anxious to listen in on the conference call slated for later this morning.


Crypto Recaps

Whatever you refer to it as, virtual currency, digital currency, or cryptocurrency, the rise of Bitcoin has fueled a hugely popular market sector, and caused many small companies to shift focus to attempt to capitalize on what has become pure hysteria.  Bitcoin breached $11,300 yesterday, and as a result, some of the BTC-related plays we’ve tagged have enjoyed really nice moves on the chart.

Integrated Ventures, Inc. INTV – Having recently lauched its bitcoin mining efforts, INTV is a stock that we slated for observation in our watchlist yesterday morning. The stock responded with a solid run from .551 to .97, marking an intraday pop of 76% on more than ten times its monthly average volume.

Peer to Peer Network PTOP – This one appeared in our watchlist earlier this month on the 7th. We came early to the party on this one, but with Bitcoin setting its new all-time high once again yesterday, it woke up in a big way. That included a serious intraday move of 1780% as PTOP traded from a low of .0005-.0094. It represented the stock’s highest price in three years, and a new all time record high volume, with over 400 million shares changing hands on the day.

Extended Watchlist:
RAD, MYSZ, RYB, MIK, ADMP, BOSC, IBIO, SNAP