Blue Horseshoe Stocks: Options Roundup

Options Review

CSX Corp. CSX – We highlighted some fresh options ideas in yesterday morning’s premarket report and CSX turned out to be the prime target out of the bunch. We designated the CSX Weekly $77-76 Puts as our contracts of interest, and those ended up producing some respectable chances at intraday gains.

$167.50 Puts – Range: 3.53-6.75 – Max Gain: 91%
$170 Puts – Range: 3.21-6.00 – Max Gain: 87%
$175 Puts – Range: 2.54-5.85 – Max Gain: 130%

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Abbott Laboratories, Inc. ABT – 
Another of the targets we selected based on yesterday’s premarket earnings reporters was ABT. Our contract of interest was the ABT Weekly $83.50 Calls, and we’re pleased to report that those returned a multi-bag single session run.

Those calls ran from a low of 1.34 and subsequently reached 3.75, which was good for an intraday gain of 180%
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JB Hunt Transport Services Inc. JBHT – On Tuesday morning, we signaled the JBHT Weekly $95-100 Calls as a potential play, and in addition to makling a 100% move for us on that day, yesterday brought even more solid gain opportunities. The $95 Calls ran from .65-3.30 for a walloping 408% while the $100’s took of from .05-.35, marking an incredible 600% rip in a single day!
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Fresh Ideas:
eBay Inc. EBAY Weekly $40-41 Calls
Novartis NVS Weekly $92.50-95 Calls 

Overstock.com, Inc. OSTK $18.50-19 Calls 


Extended Watchlist:
RVLT, AMR, INSG, DSS, AUMN, CRMD, YOGA

Blue Horseshoe Stocks: Big Options Wins

Options Reviews

General Mills, Inc. GIS – We were looking at the General Mills chain beginning
on Wednesday morning, when we designated the GIS 04/18 $47.50-50 Calls as targets of interest for the week. We got some very nice profit opportunities out of that set, with plenty of time for the possibility to realize further gains.  The $47.50 Calls rose from a low of 1.40-3.55, an upswing of 154% The $50’s traded in a range from .27-1.47, which works out to a huge jump of 444%
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Darden Restaurants, Inc. DRI  – On Thursday morning, we added the DRI 04/18 $115 Calls to our pool of ideas, and those really made a splash as well. In the two session span following our alert, we witnessed a move up from a low of 1.15 to a high of 4.30. That represents a rapid increase of 274%
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Revlon, Inc. REV – Finally, on Friday, we continued our streak of new ideas with an extended-term idea on Revlon. A pair of big insider buys was what led us to place these on watch. We’ll continue to track the REV 08/16 $22.50-25 Calls. For Friday, they each managed modest increases, with the $22.50’s running from 2.55-2.90 (+14%) and the $25’s going from 1.25-2.00 (+60%). These will be on our radar for quite some time, but got off to a nice start.


Extended Watchlist:
WGO, FTR. ASNA, CRIS, CRMD, AVEO, KNDI

Blue Horseshoe Stocks: MMM Update & More

3M Co. MMM – Update

Fresh for yesterday morning’s report, we decided to highlight some MMM calls on the heels of the company’s earnings report, so we put the MMM Weekly $195-202.50 Calls on the radar.

Thanks to a solid intraday performance wherein the stock ran from a low of 194.20-199.89, there were some huge intraday moves from for traders to take advantage of promptly following the opening bell, which were as follows:

$195 Calls – Range: 2.24-6.00 – Max Gain: 168%
$197.50 Calls – Range: .67-4.34 – Max Gain: 548%
$200 Calls – Range: .71-2.80 – Max Gain: 294%
$202.50 Calls – Range: .27-1.55 – Max Gain: 474%

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Fresh Options Ideas:
AAPL Weekly $160-162.50 Calls
SPY Weekly $264-265.50 Calls



TrovaGene, Inc. TROV – Review

We last mentioned TROV on December 18th, and at the time the stock was trading down to an annual low of .503. Since then, we’ve seen a slow and steady recovery, which was kicked into a higher gear yesterday following news of Trovagene and PoC Capital entering an agreement to fund the development of Onvansertib in Metastatic Colorectal Cancer.

The stock ended up hitting .73, marking a 45% rise since we mentioned it. We will want to continue monitoring TROV for further advances from this point forward.


Extended Watchlist:
STAF, CREG, CRMD, EKSO, RGS, CLF, TOPS, WFT, ZYNE, IBN