Tag: CSCO

Blue Horseshoe Stocks: WMT, CSCO & More

 Options Ideas

We’re sticking with options as we head into the end of what has been quite a difficult week for stocks in general. All things considered, we still feel it’s the most probable way of coming by short term gain opportunities, even amid less-than-ideal conditions.

Walmart, Inc. WMT – Walmart reported its Q3 earnings this morning, and looks like our top target for the day as a result. Heightened sales, both brick and mortar and via Walmart.com, was the name of the game, as the company jacked up guidance on profits for the 2019 full year.

These developments are definitely moving the needle this morning, so we’re going to want to track the WMT Weekly $101-104 Calls.
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Cisco Systems, Inc. CSCO – In its own Q1 report in the post-market yesterday, we have an untraded-upon earnings and revenue beat for CSCO, so we’re also going to formulate an idea here.

In conjunction with a solid multiple bottom formation on the chart, the present conditions may favor our chances for a quick strike trade on the CSCO Weekly $45-50-47.50 Calls.
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Bonus Idea:
AMRN Weekly $15.50-17 Calls

Extended Watchlist:
TROV, PRPO, NAKD, GTE, WUBA, NBEV, EARS, VIPS

Blue Horseshoe Stocks: UAA Update & More

Under Armour, Inc. UAA – Update

We mentioned the possibility of further gains for the calls we signaled in the Under Armour options chain on Tuesday, the UAA Weekly $15.50-16.50 Calls.

The markets pulled a head-fake, and ended up going green, which helped allow the stock to make to more than $18. That created huge opportunities in our highlighted plays, which went quickly from double-baggers on Tuesday, to a triple, a quad, and even an octuple-bagger!

$15.50 Calls – Range: .60-2.50 – Max Gain: 317%
$16 Calls – Range: .34-2.00 – Max Gain: 488%
$16.50 Calls – Range: .16-1.50 – Max Gain: 838%

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Fresh Options Idea:
SPY Weekly $270-272 Calls


Payment Data Systems, Inc. PYDS

We are looking at PYDS as a bottom-bouncer with just the kind of chart setup we like. The stock spent nearly all of January and the beginning of February under heavy consolidation down to its lowest PPS since October. In the last couple of weeks it has shown signs of a solid turnaround.

As you can see below, the RSI is coming off of being oversold and presently cruising toward the 50-line,  the MACD is in the midst of a bullish cross, and yesterday saw the testing of the 200DMA. PYDS also has a recent history of rapid runs up the chart, also visible on the included snapshot, so we’ll be keeping a close eye on it in the coming days.

Extended Watchlist:
CSCO, MNOV, MBRX, TEVA, RIOT, HIIQ, SBCF, OMF

Blue Horseshoe Stocks: New Options Ideas & More

PepsiCo, Inc. PEP

Our first order of business this morning is to pat ourselves on the back for yet another perfectly-timed options idea yesterday. Our hunch that the PEP earnings beat would help us score some nice profits paid off almost instantly.

To refresh your memories on that report, we specifically outlined $99, $99.50, and $100 Weekly Calls for daytrading opportunities, and the 02/20 $102 Calls for a little bit of a longer-term possibility. Each and every one of those contracts made a great move as PEP broke through the $100-mark.

Here’s a breakdown of the gains that were possible on the day:

$99 Calls – Range: .62-1.77 – Max Gain: 185%

$99.50 Calls – Range: .46-1.23 – Max Gain: 167%

$100 Calls – Range: .33-1.00 – Max Gain: 203%

02/20 $102 Calls – Range: .20-.37 – Max Gain: 85%

PEP has a strong outlook as well, remember, they just initiated a three-year $12B share buyback program, so we wouldn’t be surprised to see Pepsi’s name come up in future reports. Stay tuned!

New Options Ideas

The Priceline Group, Inc. PCLN

PCLN is the next company we’re looking at on the heels of an earnings beat. We want to milk this earnings season for all its worth, and think we’ve done an excellent job of it thus far.

The range of contracts that we are interested in on the PCLN options chain are the $1065-$1085 Calls ( Yesterday the $1065’s closed at 6.10, and the $1085’s closed at 1.42)

Expedia, Inc. EXPE Impending Buyout of Orbitz Worldwide, Inc. OWW

With EXPE buying out OWW, we want to float another couple of ideas to take advantage of the excitement.

For EXPE, we’ll be monitoring Calls in the range of $83-86, and as far as OWW goes, our interest lies in the $9-11 Call range.

RadioShack Corp. RSCHQ

Our continual coverage of RSHCQ this week yielded potential gains for the third consecutive session yesterday. We brought the stock to our reader’s attention on Monday, at which point folks could have entered the mix for as low as .1251/share.

The stock has set a new high each day since, with yesterday’s trading range running from .185 up to a high of .25. That marked an intraday gain of 35%, and an overall increase of 100% from Monday’s observed low!

Extended Watchlist:
CSCO, TRIP, IMTV (Potential Bottom Play, Interesting News Out)