Multi-Baggers Coming Left and Right

OTC Runners Review: 

It is often difficult to divert our full attention from options trading, especially during such a fruitful time, but we’ll only depart momentarily for updates on some excellent moves on stock side of things that were borne from yesterday morning’s extended watchlist.

A NASDAQ and an OTC play, respectively, we were tracking NURO & GLCO and surprisingly enough, it was the big board play that busted the double-bag barrier with a huge move on the day. GLCO turned in a very respectable intraday mope as well.

NeuroMetrix, Inc. NURO
Alerted: July 21st
Range: 15.75-38.67
Gained: +146%

Global Links Corp. GLCO
Alerted: July 21st
Range: .0063-.0105
Gained: +67%


Options Review:

Also fresh for yesterday morning’s premarket report was a three pack of options ideas, two of those ideas made major moves that could have facilitated some sizable profits for day traders.

We were looking at the JNJ Weekly $167.50-170 Calls and the KO Weekly $56.50-57.50 Calls, which recorded the following huge single-session rips for us:

JNJ Weekly $167.50-170 Calls
$167.50:
 1.13-2.31 (+104%)
$170: .28-.66 (+136%)
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KO Weekly $56.50-57.50 Calls
$56.50: .27-.76 (+181%)
$57: .09-.40 (+344%)
$57.50: .03-.18 (+500%)


Fresh Options Ideas: 
CSX Weekly $32-32.67 Calls
T Weekly $28 Calls
TXN Weekly $192.50-187.50 Puts


Extended Watchlist:
EYES, IGC, PRFX, WISA, CUEN, BTSC, BTCS, FCGD, ICNM, HDVY, JPEX, GNCP, FRCN

Blue Horseshoe Stocks: SPY Puts

SPDR S&P500 ETF (SPY)

With a bearish market pattern continuing to emerge, we have to be ready to roll with the punches as best we can and use whatever momentum we can find, whether it’s upward or downward. Traditionally, the SPY has been our go-to in these kinds of instances.

It was just Tuesday morning that we signaled a range of five SPY Calls, which all produced big-time gain opportunities this midweek, ranging from 184-245% Now, with the markets looking to pull back once again, we’ll hop right to the other side of the fence and zero in on some SPY Puts to close out the week.

The targets that we’re going to be monitoring today are going to be the SPY Weekly $263.50-262 Puts*, which should work out nicely for possible quick-strike daytrades in the event that the premarket trends we’re observing do persist.

*NEVER trade options with a weekly expiration on a Friday unless you are an advanced level trader working with disposable funds.



Extended Watchlist:
ALQA, SGMS, EYES, DFFN, BEL, WPM

Blue Horseshoe Stocks: Options Mania!

Canopy Growth Corp. CGC

We’re returning to CGC to update on new highs for the third straight trading day this morning. Originally put out on Wednesday morning, we have been tracking the CGC 09/21 $30-40 Calls to some fantastic gains ever since.

As of yesterday morning, our overall observed gains on those three contracts were 338%, 596%, and 994% respectively. Following another big day, those figures have been extended by an impressive margin once again. 

$30 Calls – Range: 1.76-10.30 – Max Gain: 485%
$35 Calls – Range: .56-6.00 – Max Gain: 971%
$40 Calls – Range: .16-3.20 – Max Gain: 1900%

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The TJX Companies, Inc. TJX

Fresh for yesterday morning, we cited the TJX 09/21 $105 & 110 Calls as an interesting pair of contracts, and those got off to a decent start. The $105’s  traded up from 2.15-3.20 for a gain of 49% and the $110’s went from .50-.80, for an intraday move of 60%
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Fresh Ideas:
URBN Weekly $48.50-50 Calls
TGT Weekly $87.50-89 Calls


Extended Watchlist:
EYES, CVM, GPOR, NOG, DOMO, AMPE, CRC, PINC, GE