DRMA Archives - Page 2 of 2 - Blue Horseshoe Stocks

Winning Picks from Thursday, New Ideas

Thursdays Runners:

We were in really good shape following yesterday morning’s premarket report, in which we included five earnings-related options trading ideas. It was a heck of a day, as four out of those five potential target sets yielded the chance at some serious multi-bag intraday gain opportunities. It was a mixed bag of a session for the markets in general and it didn’t seem to hurt our chances, with all of the positive activity in our tracked plays.

Those targets that took off running during the session were the JD Weekly $35.50-36.50 Calls, the U Weekly $31-32 Calls, the TTD Weekly $66-68 Calls, and the DIS Weekly $98-96 Puts. The breakdown of the total possible profits they provided on the day were as follows:

JD Weekly $35.50-36.50 Calls
$35.50: 1.13-2.44 (+116%)
$36: .80-1.81 (+126%)
$36.50: .53-1.30 (+145%)
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U Weekly $31-32 Calls
$31: .54-1.91 (+254%)
$31.50: .44-1.51 (+243%)
$32: .31-1.15 (+271%)
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TTD Weekly $66-68 Calls
$66: .12-.46 (+283%)
$67: .08-.27 (+238%)
$68: .06-.17 (+183%)
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DIS Weekly $98-96 Puts
$98: 3.10-6.05 (+95%)
$97: 2.22-5.15 (+132%)
$96: 1.64-4.15 (+153%)

Fresh Options Ideas:
SPB 05/19 $65-70 Calls
TSLA Weekly $175-177.50 Calls*
SPY 05/12 $412.50-413 Calls*

*Trading contracts on their day of expiration should only be attempted by experienced options traders!

Extended Watchlist:
DPLS, SEGI, BBRW, ILUS, CRTL, DRMA, SPRY, GETR, BBLN, HOUR, WLDS

Monday’s Movers, Tuesday’s Fresh Plays

Monday’s Big Options Gainers:

We went two for three yesterday with respect to our daily options interests, which isn’t half bad! We’ve been putting up some really nice potential plays this month, and yesterday’s report kicking off a fresh trading week was no different. The gainers we did see recorded some very impressive intraday upswings.

Those winning targets were the SCHW Weekly $51-52 Calls, and the MTB Weekly $115-120 Calls, and the daily gain chances they afforded ourselves and our readers were absolutely huge, on the order of 300-500% Here are the positive moves we witness during the session:

SCHW Weekly $51-52 Calls
$52: .33-2.30 (+597%)
$51.50: .47-1.96 (+317%)
$51: .34-1.65 (+385%)
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MTB Weekly $115-120 Calls
$115: 2.80-10.94 (+291%)
$120: .97-6.50 (+570%)

Fresh Options Ideas:
LMT Weekly $495-500 Calls
BAC Weekly $30-31 Calls
GS Weekly $330-325 Puts
JNJ Weekly $165-167.50 Calls

Extended Watchlist:
GMDA, DRMA, GSMG, SLGG, TCBP, BLU, HCNWF, CHRA

Major Options Movers, New Ideas

Options Recaps:

We got things right back on track with regard to the options ideas that we formulated for yesterday morning’s premarket report. We put forth a group of three earnings plays and the activity we subsequently observed was nothing to sneeze at, with all three returning opportunities for multibag intraday gains. That included a really nice 950 percenter!

Our specific areas of interest for the session were the CHWY Weekly $37.50-36.50 Puts, the ACN Weekly $262.50-265 Calls, and the GIS 04/21 $82.50 Calls, which provided the following moves and intraday profit chances, as well as more incredible new highs in the ONON 04/21 $25-27.50 Calls we’ve been tracking since Tuesday:

CHWY Weekly $37.50-36.50 Puts
$37.50: 1.43-3.55 (+148%)
$37: 1.11-3.05 (+174%)
$36.50: .90-2.56 (+184%)
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ACN Weekly $262.50-265 Calls
$262.50: 2.10-11.85 (+464%)
$265: .85-9.00 (+959%)
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GIS 04/21 $82.50 Calls
$82.50: .50-2.10 (+320%)
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ONON 04/21 $25-27.50 Calls
$25: .56-7.10 (+1167%)
$27.50: .25-4.99 (+1896%)

Fresh Options Ideas:
CPRI 04/21 $47.50 Calls
SPY 03/24 $392-391 Puts

Extended Watchlist:
BDPT, VNTH, ASAP, BRDS, DRMA, TRKA,

Closing Out Another Great Trading Year, HAPPY 2023!

Today, we close the books on what has been another fantastic year of stock and options trading. 2022 came with its ups and downs, but we weathered all the storms and had plenty of days in the sun! The good far outweighed the bad, and we’re looking forward to more excitement in 2023! HERE’S WISHING A VERY HAPPY NEW YEAR TO YOU AND YOURS!

Cal-Maine Foods Inc. – Options Review:

This morning we’re very happy to submit our last 2022 entry with a bang, by relaying the excellent performance we got out of our single options idea in yesterday morning’s premarket report. We went bearish on CALM, and were instantly rewarded as the stock fell off of a cliff, despite a hot day for the markets as a whole.

Our targets of interest were the CALM 01/20 $60-57.50 Puts, and the multibag intraday profit chances they yielded were exceptional. Here are the intraday ranges and total possible gains they managed for us:

CALM 01/20 $60-57.50 Puts
$60: 1.85-7.30 (+295%)
$57.50: 1.25-5.30 (+324%)

Fresh Options Ideas:
AVY 01/20 $180-185 Calls
CSL 01/20 $240 Calls

Kala Pharmaceuticals, Inc. KALA – Recap:

We had just updated readers yesterday morning on KALA, which we included in Wednesday morning’s extended watchlist. The stock was surging in the premarket, and between the time of our alert at 9AM and the open, KALA hit an amazing new high of 45.70. From the 6.00 low we observed on Wednesday, that worked out to an overnight swing of 662%

Extended Watchlist:
KGKG, STRY, LGIQ, BMXI, SILO, PALI, SILO, TUEM, DRMA, EVAX, PKPH