GIS Archives - Page 6 of 10 - Blue Horseshoe Stocks

Muted Start to the Week, Fresh Ideas

Monday’s Options Recap:

The markets got off to a rough start yesterday, and that did negatively impact the scope of our options success with the plays we were monitoring, especially considering they were targets January expirations. We may yet see those rise to the occasion, but for now, our one quick-strike idea from yesterday’s premarket report did make a significant intraday move.

The SPY typically provides a lot of good intraday volatility for us, and is quite often good for solid intraday gains when timed properly. Our actual targets for yesterday were the SPY 12/19 $383-384 Calls, and these were the largest intraday swings we witnessed:

SPY 12/19 $383-384 Calls
$383: .65-1.45 (+123%)
$384: .38-.90 (+137%)

Fresh Options Ideas:
GIS 01/20 $85-80 Puts
PLAY 01/20 $35-36 Calls
HEI 01/20 $150 Calls

OTC Recaps:

We had another couple of plays that performed well off of yesterday’s extended watchlist. Especially on slow days for options, monitoring these daily selections of mainly OTC stocks has often proved to be a good alternative use of our time.

Starry Group Holding, Inc. STRY
Alerted: December 19th
Range: .01-.035 (+250%)

Premier Biomedical Inc. BIEI
Alerted: December 19th
Range: .0031-.0046 (+48%)

Extended Watchlist:
VWAPY, MGUY, ENZC, SHWZ, TRFE, AMIH, ICCM, ATNX, VRNA, AUVI, XCUR

Another Pair of Options Bangers, Fresh Plays

Big Time Options Runners:

Yesterday was a very interesting day on the markets, as the Fed Meeting predictably threw an element of extreme volatility into the mix that typically helps swing traders such as ourselves and most of our readers. The activity sent the SPY 09/21 $386-385 Puts, which we signaled for observation on Tuesday morning, into an absolute frenzy of multibag movement.

We also had signaled a longer-term set of calls in the GIS 10/21 $77.50-80 Calls, yesterday morning, and General Mills bucked the trend so heavily that we didn’t even have to wait days or weeks for the idea to mature, as is often the case with our signals that have expiration dates weeks or months into the future. Those too made excellent moves during what turned out to be a very exciting trading day.

SPY 09/21 $386-385 Puts
$386: .73-9.03 (+1137%)
$385: .50-7.98 (+1496%)
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GIS 10/21 $77.50-80 Calls
$77.50: 1.60-4.40 (+175%)
$80: .62-2.50 (+303%)

Fresh Options:
LEN Weekly $75-76 Calls
TCOM 10/21 $25-26 Calls
DRI 10/21 $125 Puts
PLUG 10/21 $25-26 Calls

Extended Watchlist:
SPRO, AVCT, BEAT, VRAX, MOHO, NYAX, PSTV, GTVI, NUGN, GTII

1800% Options Runner & More

Recap of Tuesday’s Plays:

With yesterday morning’s premarket report, it marked at least the third straight session where targets in the SPY chain have been our primary focus. We have been inclined to take the bearish path over this span, and have been rewarded for our efforts each and every day.

Yesterday we had zeroed in on the SPY 09/21 $386-385 Puts, and another of our potential plays, the APOG 10/21 $40-45 Calls also recorded some really good activity for us, including an absolutely mind-bending 1800% runner! Congratulations are most definitely in order for anyone who able to identify and take advantage of that massive mover.

SPY 09/21 $386-385 Puts
$386: 3.68-6.22 (+69%)
$385: 3.23-5.98 (+85%)
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APOG 10/21 $40-45 Calls
$40: 1.80-2.50 (+39%)
$45: .05-.95 (+1800%)

Fresh Options Ideas:
GIS 10/21 $77.50-80 Calls
MEDP 10/21 $155-165 Calls

Extended Watchlist:
HKD, RMED, BOIL, SHC, TELL, TSOI, TXTM, VNTH, BRLL, GMER, TLSS

SPY Calls Break Out, Fresh Plays

Options Recaps:

On the options trading front, we are making our way through the earnings drought as best we can recently, and doing a fairly good job of it if we say so ourselves. We’re in for another week-plus of this, with the days of having plenty of earnings reporters on the calendar set to return on Monday the 18th.

For now, we’ll keep plugging away and taking whatever we can get, and for yesterday’s report that came in the form of the SPY 07/06 $380-382 Calls which absolutely ripped, and the RFP 07/15 $17.50-20 Calls. Additionally, we’ve got some new highs to report in the GIS 07/15 $70-72.50 Calls which we alerted on last Wednesday.

SPY 07/06 $380-382 Calls
$380: 1.45-5.92 (+308%)
$381: 1.05-4.85 (+362%)
$382: .67-3.85 (+477%)
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RFP 07/15 $17.50-20 Calls
$17.50: 2.80-3.05 (+9%)
$20: .45-.70 (+56%)
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GIS 07/15 $70-72.50 Calls
$70: 2.50-6.63 (+165%)
$72.50: 1.05-4.10 (+290%)

Fresh Options Ideas:
HELE 07/15 $160-150 Puts
SLP Weekly $55-50 Puts

OTC Updates:

We have a couple of OTC stocks that have been mentioned in recent extended watchlists to update readers on this morning as well. We always try to flag potential plays on the lower exchanges in our watchlists, and very often, it bears significant fruit.

We mentioned HMBL on Tuesday morning and the stock has posted an intraweek run from .048-.0992 which marks an upswing of 107%, and this past Thursday we signaled EMGE which has made a rip-roaring move of 273% from .0082-.0306 in just a week’s time.

Extended Watchlist:
USEA, ALNA, TYDE, IINN, ANVS, ACRX, OZSC, PLPL, HWKE, BMIX

Kicking Off Another Short Trading Week

Options Play Review:

Heading into the long weekend on Friday, we took just one stab at a set of potential quick-strike weekly targets. We went to the short side on Micron Technology and thanks in part to an early dip in the markets, that idea yielded a pretty good set of runners.

We were zeroed in on the MU Weekly $53.50-52 Puts which produced the following multi-bag intraday runs for us:

MU Weekly $53.50-52 Puts
$53.50: .66-2.06 (+212%)
$53: .43-1.65 (+284%)
$52: .20-.85 (+325%)

Additionally, we wanted to do a quick recap of a couple of the plays we signaled interest in earlier in the week. We flagged ideas in General Mills and McCormick in Wednesday morning’s report that finished out the week with strength and posted new highs. Our targets were the GIS 07/15 $70-72.50 Calls and the MKC 07/15 $90-80 Puts, which put up the following trading ranges and total possible gains between Wednesday and Friday.

GIS 07/15 $70-72.50 Calls
$70: 1.69-5.90 (+249%)
$72.50: .75-3.50 (+367%)
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MKC 07/15 $90-80 Puts
$90: 6.00-8.10 (+35%)
$85: 2.01-3.60 (+80%)
$80: .60-1.20 (+100%)

Fresh Options Ideas:
KRTX 07/15 $125-130 Calls

Gain Clients, Inc. GCLT – OTC Recap:

We also have a brief update on GCLT, an OTC stock we flagged in Friday morning’s extended watchlist. The made a very respectable intraday move, running from a low of .018 on up to a high of .0349. That works out to a single-session rip of 94% and that came on its second-highest daily volume ever recorded, with the previous session being the first.

Extended Watchlist:
GMPR, HMBL, NXMR, RMRK, GEGI, DUTV, VXIT, ENDP, RMED, RBCN, TYME, NBEV, COWN