DNR | Blue Horseshoe Stocks

Blue Horseshoe Stocks: Options Roundup

Weibo, Inc. WB

We targeted some bearish Weibo ideas in yesterday morning’s premarket report, and with the help of a rough day for the markets in general, we saw some excellent single-session gain chances from our highlighted contracts, the WB Weekly $46-44 Puts.

Out of the four contracts contained within our designated range, all four recorded double-bag gains on the day, which were as follows:

$46 Puts – Range: 1.55-3.30 – Max Gain: 113%
$45.50 Puts – Range: 1.18-3.10 – Max Gain: 163%
$45 Puts – Range: 1.05-2.50 – Max Gain: 138%
$44 Puts – Range: .55-1.80 – Max Gain: 227%
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Target Corp. TGT

On Wednesday, we offered up the TGT Weekly $75-77 Calls as an options idea, and we’re happy to report that all of those returned opportunities at multi-bag gains as well.

$75 Calls – Range: 2.26-4.55 – Max Gain: 101%
$75.50 Calls – Range: 2.00-4.05 – Max Gain: 103%
$76 Calls – Range: 1.46-3.45 – Max Gain: 136%
$76.50 Calls – Range: .91-2.81 – Max Gain: 209%
$77 Calls – Range: .70-2.58 – Max Gain: 270%

FRESH OPTIONS IDEAS
SPY Weekly $282.50-283.50 Calls*
HPQ Weekly $19-19.50 Calls*
CVS 07/19 $52.50-55 Calls

*Please don’t attempt to trade weekly options on a Friday if you are not an advanced level trader with access to disposable funds!

Extended Watchlist:
AMPG, HSGX, DNR, DHT, PTN, AETI, DVAX, VSAT, MBIO, ONVO, GPN, VSAT, YRIV

Blue Horseshoe Stocks: Happy New Year!

Huge Winners from Friday

We highlighted multiple options ideas on Friday, and are pleased to report that we found major success across the board. Despite closing flat, the markets as a whole produced an intraday run which was sufficient to push everything on our radar to huge gains. It was a great way to close out 2018 with a bang, especially considering the poor trajectory we were on just a few sessions prior.

SPDR S&P500 ETF (SPY) – For the SPY we formulated two sets of ideas, one for calls and one for puts, and because of the market, both ideas were hugely successful. They were the SPY Weekly $248-249.50 Calls, and the SPY Weekly $251-250 Puts. For the Calls, the crux of the gains came in the 2 o’clock hour, while the heaviest moves for the Puts came at Power Hour.

$248 Calls – Range: .84-3.47 – Max Gain: 313%
$248.50 Calls – Range: .64-2.80 – Max Gain: 338%
$249 Calls – Range: .50-2.50 – Max Gain: 400%
$249.50 Calls – Range: .40-2.05 – Max Gain: 410%

$251 Puts – Range: .81-3.81 – Max Gain: 370%
$250.50 Puts – Range: .62-3.21 – Max Gain: 418%
$250 Puts – Range: .43-3.02 – Max Gain: 602%
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Tesla, Inc. TSLA

We also had a range of TSLA Calls lined up on Friday, and those all fared extremely well also. The gains were even more impressive than those of the SPY, with a five, a six, and an eight-bagger in the mix!

$322.50 Calls – Range: 2.14-13.50 – Max Gain: 531%
$325 Calls – Range: 1.39-11.05– Max Gain: 636%
$327.50 Calls – Range: .90-8.80 – Max Gain: 878%

HAPPY NEW YEAR FROM BLUE HORSESHOE!

Despite the last few weeks of horrid market conditions, 2018 as a whole was another great year for us, and it was nice to finish it on a similar high note. We focused on, and will continue to focus on high risk high reward options plays, with stocks peppered in when appropriate. We appreciate every single one of our readers, and will strive to continue serving you well, as we head into Blue Horseshoe Stocks’ ninth calendar year! Happy New Year, and we look forward to a fantastic 2019!

Extended Watchlist:
ADMP, PLUG, CPB, SFL, NE, RAD, DNR, XXII, SFET, AMRS

Blue Horseshoe Stocks: APHA, MDCA & More

Aphria, Inc. APHA

Yesterday morning in our premarket report, we said that the unusually high short interest in APHA was one of the factors playing into our decision to designate it as a bottom-watch play. The rebound we were looking for came instantaneously for us with APHA heating up, and the short squeeze was on.

From a low of 3.75, the stock cruised on up to a high of 5.59 for a daily burst amounting to 49% on considerable volume. We’ll be looking for APHA to continue to make up some of the ground it has lost over the past month.

MDC Partners, Inc. MDCA

Another stock we included as a bottom play yesterday, MDCA also experienced a solid performance on the day. It traded from a low of 2.57 on up to 3.29, for a moderate but respectable 28% gain.

It also factored in as the NASDAQ’s fourth largest gainer of the session. The run came to an end right around an area of previous resistance, so we’ll look for it to break that top in the sessions ahead.

Fresh Options Ideas

Cronos Group Inc. CRON Weekly $13-15 Calls* – As we were just mentioning on Tuesday, we first tagged CRON back on Halloween, at which time the stock was trading at a low of 7.10. This morning in the premarket the stock has attained an impressive new high of 14.58, marking a five week run of 105% The above mentioned calls are how we’re going to attempt to take advantage of today’s new movement on the chart.

Lululemon Athletica, Inc. LULU Weekly $130-133 Calls*

SDPR S&P 500 ETF (SPY) Weekly $268-270 Calls*

*Caution: NEVER trade options contracts with a weekly expiration on a Friday unless you are an expert level trader with disposable funds!

Extended Watchlist:
SGSI, DNR, NOG, RIG, OMED, WTI, WLL, CRC, CASI, KTOS