GIS Archives - Page 8 of 9 - Blue Horseshoe Stocks

Coronavirus Watchlist & More

Todos Medical, Ltd. TOMDF

The see-saw of market volatility persists with no end in sight. Traditional investing has become a fool’s errand in many, if not most, cases. The kind of opportunistic short term trading that we do is relatively intact, with the right targets and scenarios.

In this case, we caught TOMDF’s coronavirus news in the premarket yesterday, stating that the company had secured distribution agreements for testing kits in both the US and Isreal. After including it in our extended watchlist, the stock managed a very nice intraday gain. It traded up from a low of 0413, and reached a high of .08, which works out to an intraday upswing of 94%

Coronavirus Watchlist

While we do focus primarily on quick strike opportunities, it’s also worth it to mention a few plays that represent products and services that are high demand at the present time due to the fallout from COVID-19. If the report from the UK’s highly respected Imperial College is accurate, this global health crisis is only in its beginning stages, and will get much, much worse in the months ahead.

While neither these, nor any other plays are “corona-proof”, the effects may weigh less heavily on these stocks and those like them:

CPB, APRN, CLX, GIS, PG

Extended Watchlist:
MATN, ZOOM, DECN, PCTL, NBDR, IPIX, GNPX, GNBT

Happy Holidays!

HAPPY HOLIDAYS, ONE AND ALL!

We want to start things off this short trading week, by wishing everyone a happy holiday season, no matter how you celebrate!

This is traditionally a very low-key week for the markets, as most people are focused on enjoying their families or time off from work at this time. Especially with no major earnings reporters on the calendar, we expect a relatively subdued start to the week as well.

General Mills, Inc. GIS

One thing we do want to do is circle back to the call we made for the GIS options chain on Wednesday, which made a pretty good move into the end of the week, and will be high on our watchlist , as further gains are very possible.

We had highlighted the GIS 01/17 $55 Calls, and they subsequently made a very impressive move from .10-.29, marking a rise of 190% We will continue to keep an eye on this play, as GIS attempts to break the double top around the $54 mark. A break of that area will send these gains soaring.

Fresh Options Ideas:

Finally, it wouldn’t feel like the start of a fresh trading week without some fresh options speculation.

We’re going to radar the SPG 01/17 $145-150 Calls as the chart is in a prime bottom-bounce setup. We took it out to the January 17th’s to give ourselves ample time to witness what appears to be an impending rebound.

Extended Watchlist:
SDRL, ACHV, ONCY, CALA, YAYO, CPRX, FBIO, ITCI, LLEX

Multiple Options Updates & More

WW International, Inc. WW – Options Update

First thing’s first this morning, we’re circling back to report new highs on the options ideas we formulated for the Weight Watchers chain earlier in the week. On Monday morning, we signaled interest in the WW Weekly $39.50-40.50 Calls and have seen some solid moves over the course of the week so far.

Here are the updated figures on the total possible gains in these ideas:

WW Weekly $39.50-40.50 Calls
$39.50 Calls – Range: .35-.1.20 – Max Gain: 243%
$40 Calls – Range: .23-.95 – Max Gain: 313%
$40.50 Calls – Range: .18-.65 – Max Gain: 261%

More Winning Ideas:

We also had a number of fresh ideas in yesterday’s report, and here were the instant winners out of that group:

GIS 01/17 $55 Calls
$55 Calls – Range: .10-.28 – Max Gain: 180%

FDX Weekly $155-150 Puts
$155 Puts – Range: 3.95-8.75 – Max Gain: 122%
$152.50 Puts – Range: 2.64-6.24 – Max Gain: 136%
$150 Puts – Range: 1.65-4.09 – Max Gain: 148%

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Fresh Options Ideas:
RAD Weekly $9.50-10.50 Calls
DRI Weekly $115-110 Puts

Extended Watchlist:
VTGN, TOPS, PT, OBSV, TLRA, KOPN, CTXR, RUBI, XBIO, NAKD

PLCE Options Recap & More

The Children’s Place, Inc. PLCE – Update

As a result of the insider buying we discovered at a bottom on PLCE yesterday, we placed a pair of contracts in the options chain on watch, specifically the, PLCE 01/17 $65-70 Calls.

Despite being a bit of a longer-term idea, we still witnessed instantaneous results from these targets, which produced the following intraday moves:

$65 Calls – Range: 2.55-4.20 – Max Gain: 65%
$70 Calls – Range: .35-.85 – Max Gain: 143%

We’re interested in continuing to track these plays, with PLCE still boasting a massive gap to the topside on the chart up to roughly the $70 level. Should the stock continue to fill that gap, we’re going to see the total gains on these ideas hit even more impressive levels.

Fresh Options Ideas:
WVE 04/17 $17.50-25 Calls
GIS 01/17 $55 Calls
FDX Weekly $155-150 Puts

Extended Watchlist:
LMPX, YAYO, OBLN, SLDB, FBIO, MLCO

Blue Horseshoe Stocks: Big Options Wins

Options Reviews

General Mills, Inc. GIS – We were looking at the General Mills chain beginning
on Wednesday morning, when we designated the GIS 04/18 $47.50-50 Calls as targets of interest for the week. We got some very nice profit opportunities out of that set, with plenty of time for the possibility to realize further gains. The $47.50 Calls rose from a low of 1.40-3.55, an upswing of 154% The $50’s traded in a range from .27-1.47, which works out to a huge jump of 444%
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Darden Restaurants, Inc. DRI – On Thursday morning, we added the DRI 04/18 $115 Calls to our pool of ideas, and those really made a splash as well. In the two session span following our alert, we witnessed a move up from a low of 1.15 to a high of 4.30. That represents a rapid increase of 274%
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Revlon, Inc. REV – Finally, on Friday, we continued our streak of new ideas with an extended-term idea on Revlon. A pair of big insider buys was what led us to place these on watch. We’ll continue to track the REV 08/16 $22.50-25 Calls. For Friday, they each managed modest increases, with the $22.50’s running from 2.55-2.90 (+14%) and the $25’s going from 1.25-2.00 (+60%). These will be on our radar for quite some time, but got off to a nice start.

Extended Watchlist:
WGO, FTR. ASNA, CRIS, CRMD, AVEO, KNDI