CNC Archives - Blue Horseshoe Stocks

Recap of Thursday’s Session, 2 New Ideas

Thursday Review:

We ended the short trading week on a good note with Thursday’s premarket report, rounding up a slate of three potential targets. We got solid intraday results from those plays, closing out another interesting week of trading.

Those runners were the SPY 07/03 $622-623 Calls, the TSLA Weekly $317.50-320 Calls, and the ORCL Weekly $230 Calls. These were the largest intraday increases they recorded during Thursday’s session:

SPY 07/03 $622-623 Calls
$622: 1.18-4.34 (+268%)
$623: 1.07-3.34 (+212%)
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TSLA Weekly $317.50-320 Calls
$317.50: .17-.42 (+147%)
$320: .47-.68 (+45%)
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ORCL Weekly $230 Calls
$230: 3.95-7.85 (+99%)

Fresh Options Ideas:
ADBE 07/18 $380-382.50 Calls
CNC 08/15 $35-36 Calls

Extended Watchlist:
LRHC, LPGS, ARTL, MBIO, SONN, INHD, WOLF, NAK

Reviewing Friday’s Gainers, Fresh Ideas

Friday Recap:

We closed things out on Friday with another clean slate of gainers, as the ideas we included in our premarket report yielded some respectable intraday upswings. All in all, it ended up being quite a fruitful week for the vast majority of our tracked targets.

The potential plays that we highlighted for Friday’s session were the CNC Weekly $69-70 Calls, the COF Weekly $157.50-160 Calls, and the BABA Weekly $97-98 Calls. These were their top moves on the session:

CNC Weekly $69-70 Calls
$69: .30-.75 (+150%)
$70: .01-.08 (+700%)
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COF Weekly $157.50-160 Calls
$157.50: 3.71-5.20 (+40%)
$160: 1.32-2.95 (+123%)
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BABA Weekly $97-98 Calls
$97: .80-1.90 (+100%)
$98: .23-.94 (+308%)

Fresh Options Ideas:
ON Weekly $73-74 Calls
PHG 11/15 $27-26 Puts

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

Extended Watchlist:
SGBX, ALBT, FFIE, XPON, NXL, PHUN, IBRX

A Thunderous Thursday, 3 New Targets

Thursday’s Big Movers:

We always appreciate when we can close out a trading week on Friday with a solid report back on our daily options plays, and as far as our premarket report for yesterday was concerned, we really hit our ideas out of the park. A week that started off relatively slow is now ending with a roar, with no complaints from us!

Yesterday’s possible plays were the UPS Weekly $141-143 Calls, the TSLA Weekly $240-245 Calls, the LRCX Weekly $76.50-77.50 Calls, and the HON Weekly $217.50-212.50 Puts, and here were the level of gains each of those experienced on Thursday:

UPS Weekly $141-143 Calls
$141: .25-.77 (+208%)
$142: .17-.49 (+188%)
$143: .13-.40 (+208%)
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TSLA Weekly $240-245 Calls
$240: 5.70-22.45 (+294%)
$242.50: 4.48-19.79 (+342%)
$245: 3.30-17.47 (+429%)
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LRCX Weekly $76.50-77.50 Calls
$76.50: .25-.90 (+260%)
$77: .15-.64 (+326%)
$77.50: .12-.42 (+250%)
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HON Weekly $217.50-212.50 Puts
$217.50: 3.02-8.20 (+171%)
$215: 1.44-6.10 (+323%)
$212.50: .54-3.28 (+507%)

Fresh Options Ideas:
CNC Weekly $69-70 Calls*
COF Weekly $157.50-160 Calls*
BABA Weekly $97-98 Calls*

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

Extended Watchlist:
SGBX, ALBT, FFIE, XPON, NXL, PHUN, IBRX

Blue Horseshoe Stocks: DAL, LEVI Options

Centene Corp. CNC

This play continues to dominate our headlines for the third time this week, with the stock making yet another sizable move yesterday. We originally called this idea on March 27th, the CNC 09/20 $50-55 Calls. and the response has been fantastic, with the stock itself running from a low of 49.56 that morning, to yesterday’s high of 58.25 (+18%).

It has produced some fantastic gain opportunities for anyone who had the good fortune to catch our initial alert; especially those who went with the $55’s. The total moves over this ten-session span are as follows:

$50 Calls – Range: 1.80-9.50 – Max Gain: 428%
$52.50 Calls – Range: 3.84-8.60 – Max Gain: 124%
$55 Calls – Range: .31-7.50 – Max Gain: 2319%

FRESH OPTIONS IDEAS:
Delta Air Lines, Inc. DAL Weekly $57.50-58.50 Calls
Levi Strauss & Co. LEVI 04/18 $23-24 Calls

Extended Watchlist:
FSLR, TNAV, TPX, INPX, CASI, PRPO, ONCS, AVGR

Blue Horseshoe Stocks: New Options Idea

Centene Corp. CNC

As we were just mentioning yesterday morning, we designated a pair of contracts to watch in the CNC chain toward the end of March, with the CNC 09/20 $50 & $55 Calls.

Since that time the stock has been in a near-continual uptrend, and after yet another bullish session yesterday, we have new highs to report on our ideas. The $50 Calls have now traded in a range from 1.80-9.50, amounting to a total move of 428%. The $55 Calls have been on an insane run, and they have thus far traded up from .31-6.70. That works out to a rise of 2,061% in a span of only nine trading sessions.

BP Prudhoe Bay Royalty Trust BPT

Weve got another options chain that we ‘d like to signal some longer term calls in as well. BPT fell off a cliff yesterday, and while it may have slightly further to fall before reversing, the chart shows a history of rapid recoveries whenever the stock is beaten back as it has been this week.

We’re going to designate the BPT 05/17 $22.50-25 Calls as two contracts of interest and begin to track them over the days and weeks ahead.

Extended Watchlist:
WWR, CERN, FTR, SLS, KNDI, AMR, EVOK, CHFS