CMRX Archives - Blue Horseshoe Stocks

Massive SPY Moves, 4 New Options Ideas

Huge Gainers from Tuesday:

We kept the momentum going on our 7+ week streak in a big way yesterday. For our premarket report, we slated four potential plays, and not only did all four produce good intraday gains, but we even uncovered our biggest gainers of the year in there! Things really could not have gone better for our daily SPY Puts.

Our full board consisted of the GTLB Weekly $54-52 Puts, the –NVDA Weekly $111-109 Puts, the SPY 03/04 $582-580 Puts, and the OKTA Weekly $97-99 Calls. Here were the best moves registered by each of them on the day:

GTLB Weekly $54-52 Puts
$54: .47-.76 (+62%)
$53: .30-.50 (+67%)
$52: .22-.37 (+68%)
_____

NVDA Weekly $111-109 Puts
$111: .82-2.04 (+149%)
$110: .67-1.79 (+167%)
$109: .55-1.53 (+178%)
_____

SPY 03/04 $582-580 Puts
$582: .23-7.22 (+3039%)
$581: .11-6.07 (+5418%)
$580: .07-5.27 (+7428%)
_____

OKTA Weekly $97-99 Calls
$97: 3.40-10.77 (+217%)
$98: 2.85-10.70 (+275%)
$99: 2.49-9.49 (+281%)

Fresh Options Ideas:
ANF Weekly $99-98 Puts
BOX 03/21 $33-31 Puts
CPB Weekly $39-38 Puts
CRWD Weekly $367.50-362.50 Puts

Extended Watchlist:
CMRX, CYCU, ZRBB, AGH, SLXN, ADTX, BTAI

Monday’s Movers, 4 New Potential Plays

Reviewing Monday’s Runners:

We got off to a fairly good start for the week on Monday. We put forth three possibilities for options daytrades in our premarket report. and two of them came back with solid gain opportunities on the day. We missed just one of our ideas from Friday as well, so we’ll be doing our best to try to get better on track starting today. Two out of three isn’t half bad, as they say, however we try to hold ourselves to the absolute highest standard.

As for the two successful picks, we had the TSLA Weekly $397-400 Calls, and the NVDA Weekly $141-140 Puts, and both of those targets made some nice moves:

TSLA Weekly $397-400 Calls
$397.50: 4.43-7.99 (+80%)
$400: 3.90-7.28 (+87%)
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NVDA Weekly $141-140 Puts
$141: 2.89-4.69 (+62%)
$140: 2.05-4.00 (+95%)

Fresh Options Ideas:
ORCL Weekly $180-177.50 Puts
MDB Weekly $325-320 Puts
AI Weekly $38-37 Puts
OLLI Weekly $100-105 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
CPIX, CMRX, CRDF, PBM, PCSA, QURE, TRNR, DTCK, VRAR

Three Week Streak, Pair of Potential Plays

Recapping Friday’s Runners:

We accomplished what we set out to do on Friday, in witnessing positive intraday runs from all of our daily options ideas, and nailing down the completion of our THIRD straight week without a poor target! We are extremely proud of what we’ve been able to produce this summer, and the mega-streak continues.

The trio of possible plays we were tracking Friday consisted of the SPY 08/16 $552-551 Puts, the COHR Weekly $72-74 Calls, and the HRB Weekly $60 Calls. Their biggest intraday upswings were as follows:

SPY 08/16 $552-551 Puts
$552: .66-1.45 (+120%)
$551: .44-1.01 (+129%)
_____

COHR Weekly $72-74 Calls
$72: 1.20-5.40 (+350%)
$73: 1.13-5.10 (+351%)
$74: .60-2.79 (+365%)
_____

HRB Weekly $60 Calls
$60: 6.31-8.50 (+35%)

Fresh Options Ideas:
EL Weekly $94-95 Calls
SPY 08/19 $554-555 Calls*

*Only experienced traders should attempt to trade contracts on their day of expiration

Extended Watchlist:
APDN, TNXP, VRAZ, MAXN, RDHL, GOVX, ALZN, ONCO, AEMD, CMRX, ALTS

More Sweeping Options Success, Fresh Ideas

A Second Consecutive Clean Options Sweep:

We crushed it on options ideas in Friday morning’s premarket report, setting our readers up with three earnings related trading possibilities, all of which produced big intraday gains. The markets slid all the way until shortly after lunchtime, and then clawed their way back, running into the close, which allowed for great movement in both our bullish and bearish ideas. It was the second straight day where literally everything we highlighted went bananas.

We were tracking the FL Weekly $29-31 Calls, the PANW Weekly $475-487.50 Calls, and the DE Weekly $360-350 Puts, and each and every contract set contained within those ranges recorded large runs, and yielded the chance at the following excellent gain opportunities:

FL Weekly $29-31 Calls
$29: 1.80-2.80 (+56%)
$30: .87-1.85 (+113%)
$31: .38-.99 (+161%)
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PANW Weekly $475-487.50 Calls
$475: .25.-3.67 (+1368%)
$477.50: .20-2.00 (+900%)
$480: 5.98-16.00 (+168%)
$482.50: 6.06-11.00 (+82%)
$485: 4.00-11.89 (+197%)
$487.50: 3.77-10.55 (+180%)
_____

DE Weekly $360-350 Puts
$360: 15.50-51.00 (+229%)
$355: 14.00-47.04 (+236%)
$350: 12.35-45.42 (+268%)

Fresh Options Ideas:
SPY 05/23 $391-393 Calls*
COIN 06/10 $70 Calls

*Trading options on their day of expiration can be risky. Please don’t try it unless you are well-versed in options trading.

Siga Technologies, Inc. SIGA – Update:

It’s always a good idea to copy our daily extended watchlists into your favorite tracking site/software and monitor their activity along with us. Many times they will contain hidden OTC gems like SIGA, which just received FDA approval for intravenous (IV) formulation of its TPOXX® monkeypox treatment. It was even mentioned by name in a recent budget request from the Biden administration for treatments against the rising health threat.

SIGA appeared in Thursday morning’s extended watchlist and saw a low of 8.00 that day. This morning in early trading the stock is up as much as 119% to a premarket high of 17.50. We will continue tracking its movements as the FDA news continues to filter through the investment community.

Extended Watchlist:
PBI, CMRX, GOVX, CBIO, VMW, PRCX, THER, RDGL, HIRU, ITNS, URYL

Blue Horseshoe Stocks: Closing Out a Strong Week

Kandi Technologies Group Inc. KNDI – Recap

On Wednesday morning, we were looking at a pair of contracts in the KNDI options chain. We did see multi-bag gains out of those as mentioned in yesterday’s morning report, but perhaps just as big of a story is the move that KNDI stock itself managed in the two sessions since that alert.

From a low of 7.16 Wednesday morning, to yesterday’s high of 9.21, KNDI has managed to rattle off a 29% session-over-session increase. That’s a heck of a two-day swing for a $7+ stock, and will keep our interest as we close out the week.

This move was catalyzed by the US approval of two of the Chinese company’s electric vehicles. The National Highway Traffic Safety Administration gave the domestic go-ahead to KNDI’s Model EX3 and Model K22 electric cars.

Dominos Pizza, Inc. DPZ – Recap

We went bearish with some Dominos Puts yesterday, following a particularly bad quarterly release by the company in yesterday’s premarket earnings dump. Earning and revs were big misses, with same store sales making only a marginal jump.

We signaled our interest in tracking the DPZ Weekly $270-260 Puts and both of those sets of contracts recorded solid intraday moves to the upside, of which traders could have taken advantage. The $270 Puts ran from 12.02 to 20.50, marking a 71% rip, while the $260 surged even more, trading in a range from 4.99-12.84 for an intraday gain of 177%

Fresh Ideas:
TTD Weekly $170-175 Calls
ROKU Weekly $53-56 Calls

Extended Watchlist:
ZSAN, FCEL, SENS, OLED, CATM, CMRX, CGIX, XSPA, AITX