Tag: CNC

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

Blue Horseshoe Stocks: Options Recaps

SPDR S&P500 ETF (SPY)

On Friday morning, we set out to take advantage of the bullish premarket sentiment by tracking a set of options in the SPY chain, as we are well-accustomed to doing.

Our targets were the Weekly $287-288 Calls and with the help of a solid run for the markets at large, our ideas bore fruit. All three, in fact, produced highly respectable chances for intraday profits.

$287 Calls – Range: .92-1.70 – Max Gain: 85%
$287.50 Calls – Range: .62-1.18 – Max Gain: 90%
$288 Calls – Range: .29-.80 – Max Gain: 176%

Centene Corp. CNC

Toward the end of last month, we produced an idea for the CNC 09/20 $50 & $55 Calls, and we also wanted to update our readers on the progress of those contracts since that time.

The $50 Calls have thus far risen from 1.80-8.53, an increase of 374% The $55 Calls obliterated those figures, with a massive run from .31-6.08, for total possible gains of 1,861%

Extended Watchlist:
GNFT, TCON, THCT,