Tag: CTIC

Tuesday’s Movers, Today’s Earnings Plays

Tuesday’s Runners:

We fared rather well with our fresh options idea for yesterday morning’s premarket report, scoring big with two out of our three listed targets. The gains were relatively nominal as compared to some of the big multi-baggers we’re accustomed to, but four out of the six total contracts in question did at least reach double-bag status.

Those plays were the PYPL Weekly $73-70 Puts, and the IFF 05/19 $95-90 Puts, and here were the kinds of intraday runs they recorded on the session:

 PYPL Weekly $73-70 Puts
$73: 3.70-7.10 (+92%)
$72: 2.88-6.10 (+112%)
$71: 1.95-5.15 (+164%)
$70: 1.43-4.19 (+193%)
_____

IFF 05/19 $95-90 Puts
$95: 2.90-7.30 (+152%)
$90: 1.79-3.50 (+96%)

Fresh Options Ideas:
ALC 05/19 $75-80 Calls
LI Weekly $25.50-26.50 Calls
ABNB Weekly $111-109 Puts

Extended Watchlist:
UFAB, STSS, ADXN, TCRX, ZFOX, CTIC, UPST, FRCB, TMRC

Blue Horseshoe Stocks: AAPL Options & More

Apple, Inc. AAPL  – Options Idea

If you root through the seven year newsletter history archived at our website, BlueHorseshoeStocks.com, you would find that we’ve discussed AAPL more times than most stocks, even though we haven’t mentioned it much in recent times.

In fact, AAPL’s was the first go-to options chain that we focused on when we began including options trading ideas a few years ago. This morning, we’re coming back to this old favorite with a fresh idea to coincide with the current Apple hype.

The company is rolling out the new iPhone today, among other things, and iPhone announcements have historically provided some good ammunition for options traders. Today, we’re going to slate the AAPL Weekly $160 & $162.50 Calls for observation in forthcoming sessions as AAPL’s event is expected to drive up activity not only in its own stocks, but likely other tech stocks as well.

FutureLand Corp. FUTL

On Friday morning, we included FUTL in our watchlist, and the stock has made a solid two-swing for us. From Friday’s low of .0012 the stock set a new high of .0026 to kick off the week yesterday, which works out to an overall jump of 117% Yesterday’s big push came on volume of more than three times the monthly average.

We would also include a note of caution in terms of long term interest in this stock. The company dropped the news that it had entered into a joint venture with Greenleaf Holdings  that would “deliver solar technology to the cannabis industry”. Yet here it is, two months later, and there have been no further details given. We tend to be wary of companies that don’t keep a steady line of communication to shareholders.

That being said, we have seen some really nice movement on the chart as we mentioned above, so we’ll continue to keep an eye on FUTL.

Extended Watchlist:
ALDX, AEMD, CTIC, FRTA, HTBX, QTNT, OPGN, TA

Blue Horseshoe Stocks: BABA Review & More

Alibaba Group Holding Ltd BABA – Options Review

We saw the contracts we highlighted yesterday morning in the BABA chain make solid multi-bag moves. The BABA Weekly $162.50-170 Calls were our targets, and each one took off for the following moves starting at around 10AM.

$244.50 Calls – Range: 2.58-5.65 – Max Gain: 119%
$245 Calls – Range: 1.26-3.50 – Max Gain: 171%
$245.50 Calls – Range: .52-1.79 – Max Gain: 244%
$246 Calls – Range: .18-.74 – Max Gain: 311%

We also want to continue to keep our eye on these plays to close out the week*, as further increases are a possibility. While BABA’s PPS tapered back into the close, we’re seeing yet another gap up in the premarket this morning.

Wal-Mart Stores, Inc  WMT

Despite seeing a pullback following its earnings report yesterday, WMT rebounded off of support and managed to close near its high of day and is up slightly in early trading this morning.

There may be an opportunity in the WMT Weekly $79.50 & $80 Calls* so we’ll have those on our radars as we wrap up another trading week.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every single time. Trading weekly options at the end of the week is an exceedingly risky proposition that should never be attempted by beginning or novice traders!

Extended Watchlist:
DCTH, MNGA, SPWH, CTIC, CBAY, TOPS, THC,
DEWM (Cannabis News)