Blue Horseshoe Stocks: AAPL, SPY Winners & More

Apple, Inc. AAPL – Recap

We submitted two separate options trading ideas in yesterday morning’s premarket report, the first of which being the AAPL Weekly $160-162.50 Calls. It’s beeen quite some time since we played with the AAPL chain, but it is the stock that originally brought us into the fold of options day and swing trading that we’ve adopted as one of our main functions.

It came as no surprise when the Fed announced no interest rate hike yesterday that the markets responded bullishly and allowed for some very nice multi-bag moves on our designated targets.

$160 Calls – Range: 2.14-6.32 – Max Gain: 195%
$162.50 Calls – Range: 1.05-4.19 – Max Gain: 299%
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SPDR S&P 500 ETF (SPY) – Recap 

Our second set of options ideas from yesterday were the SPY Weekly $264-265.50 Calls, and of course, those also fared well with the SPY being an excellent market analog, and another well that we revisit on a regular basis for short term options plays.

The gains on our highlighted contracts were even more impressive in this case, with each and every strike point returning potential gains ranging from 343-598% in a single session.

$264 Calls – Range: 1.07-4.74 – Max Gain: 343%
$264.50 Calls – Range: .82-4.03 – Max Gain: 385%
$265 Calls – Range: .59-3.50 – Max Gain: 493%
$265.50 Calls – Range: .43-3.00 – Max Gain: 598%

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Fresh Options Ideas:
UPS Weekly $104-107 Calls
MA Weekly $207.50-217.50 Calls


Extended Watchlist:
YRCW, PTIE, TEX, FRED, GERN, GOL, GE. APRN, BIOC, EGO

Blue Horseshoe Stocks: HSY Update & More

The Hershey Co. HSY

Despite the miss on Q3 earnings, we were confident enough in HSY’s setup to submit an idea for its options chain in yesterday morning’s report, and those ideas returned immediate opportunities for single-session profits.

We’re used to bucking the trend when we see a good enough chance, and this was a perfect example. Even as the market itself logged another day of losses, Hershey performed just as we’d hoped. Our targets were the HSY Weekly $102-104 Calls, and they all returned sizable gains on the day:

$102 Calls – Range: 2.79-5.60 – Max Gain: 101%
$103 Calls – Range: 2.25-4.47 – Max Gain: 99%
.$104 Calls – Range: 1.40-3.70 – Max Gain: 164%

We’ll continue to monitor these plays, but as it stands, these were some really good ideas to kick off the trading week amid some touchy conditions overall.
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Fresh Ideas:
Under Armour Inc. UAA $19-20 Calls
Take-Two Interactive Software, Inc. TTWO $122-125 Calls


Extended Watchlist: 
HZO, FAMI, EGO, CCCL, CASI, YECO,

Blue Horseshoe Stocks: Cannabis Roundup & More

Cannabis Roundup

We wanted to take some time out this midweek to get back to cannabis, the rapidly growing industry that we’ve always said we felt has as much or more potential than any other out there. The first quarter of the 2018 calendar year was rather low key, but with some major cannabis dates coming up, we wanted to sharpen our focus on the sector.

The 04/20 Holiday is generally a time when you see heightened visibility, and an influx of sales for recreational marijuana businesses. It’s the “Super Bowl” for many of these businesses, which will see their highest customer volume of the year.

It’s a time of increased awareness in the investment community for the space as a whole, and that’s why we wanted to refresh our running watchlist of pot stocks on our radar:

As for the ones based here in the U.S. some of our favorites (in no particular order) have been: OWCP, AGTK, HEMP, SGMD, SING, GRNE, GOHE, MCOA, MCIG, POTN, PNTV, RMHB, CANN and CBIS.

We also have July to look forward to, which marks the nationwide legalization of recreational marijuana in Canada, where some of the most impressive cannabis companies, like ACBFF and APHQF reside. Other notable Canadian players include ATTBF, GLDFF, GLNNF, NXTTF, MRRCF, SPRWF, and CRON.


Facebook, Inc. FB

We started off the week on Monday by signaling some options ideas, the FB Weekly $155-160 Calls. Despite a terrible start to the week for the markets as a whole, yesterday’s bounce-back helped began to provide us with the kind of moves we were looking for out of those plays.

In fact, each of three contracts in our designated range yielded the chance at multi-bag gains yesterday, with the following moves:

$155 Calls – Range: 1.55-4.27  – Max Gain: 175%
$157.50 Calls – Range: .90-2.75 – Max Gain: 205%
$160 Calls – Range: .49-1.69 – Max Gain: 245%


Extended Watchlist:
WLB, ASTC, HCC, EGO, TCAP, AQMS