Tag: JCP

Blue Horseshoe Stocks: Options Roundup

GW Pharma plc GWPH – Update 

Fresh for our premarket report yesterday morning was a set of short-to-intermediate term options ideas for the GWPH chain, the 03/15 $165-175 Calls.

We’re happy to report that the first day monitoring those plays yielded some solid gain opportunities for savvy traders. We’ll be sure to continue tracking, but for now the single-session gains it produced were as follows:

$165 Calls – Range: 7.40-14.30- – Max Gain: 93%
$170 Calls – Range: 5.80-11.80 – Max Gain: 103%
$175 Calls – Range: 2.50-9.54 – Max Gain: 281%

Etsy, Inc. ETSY – Recap

Tuesday morning, we announced our interest in the ETSY 03/15 $60-65 Calls, and while we saw some good gains out of it that day, we did mention yesterday morning that we would continue to track these ideas.

It was a good thing we reserved that space on our watch screen too, because ETSY followed up on its bullish Tuesday performance, with another solid upswing for Wednesday. The following figures are the overall increases from our observed lows in these contracts from Tuesday, to yesterday’s new highs.

$60 Calls – Range: 6.39-12.30 – Max Gain: 94%
$65 Calls – Range: 3.49-7.81 – Max Gain: 124%
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Lowes Companies, Inc. LOW

We also had the LOW Weekly $108-110 Calls on watch from yesterday morning‘s report and those fared quite well also.

$108 Calls – Range: .30-1.01 – Max Gain: 237%
$109 Calls – Range: .21-.50 – Max Gain: 138%
$110 Calls – Range: .08-.28 – Max Gain: 312%

Extended Watchlist:
JCP, RKDA, PCRX, VERU, ICPT, TTI

Blue Horseshoe Stocks: Ford Options Recap & More

Ford Motor Co. F

Back on February 12th, we flagged Ford as a bottom watch play after the company got off to a bad start in 2018. It had just begun to show signs of life, so we formulated an options idea to help us take advantage of the scenario.

Our targets were the F 03/02 10.37-11.37 Calls and we’ve seen some solid opportunities from three of the four contracts in that range in the two weeks since our alert.

$10.37 Calls – Range: .31-.55 – Max Gain: 77%
$10.87 Calls – Range: .04-.12 – Max Gain: 200%
$11 Calls – Range:.02-.07 – Max Gain: 250%

Target Corp. TGT

Yesterday morning we saw an opportunity to select a range of calls in the Target options chain, and decided to focus on the TGT Weekly $75-76.50 Calls for a fresh options idea. It was an immediate success, with TGT trading up enough to produce some really nice single-session swings.

$75 Calls – Range: 1.42-2.42 – Max Gain: 70%
$75.50 Calls – Range: 1.03-1.92 – Max Gain: 86%
$76 Calls – Range: .85-1.64 – Max Gain: 93%
$76.50 Calls – Range: .80-1.31 – Max Gain: 64%

Dean Foods Co. DF

We also want to put DF on our watchscreens as a bottom-watch play. The stock got absolutely crushed as a result of missed earnings and revenue estimates in its Q4 report, along with a  downgrade by Credit Suisse.

These events have driven DF into heavily oversold territory, registering a new 52-week low. The stock also has a history of relatively volatile swings, so we’re going to watch closely for the beginnings of a bottom bounce in sessions ahead. It may have further to fall, but we’ll be looking for that rebound.

Extended Watchlist:
AIPT, AKER, DDS, MNK, TTS, JCP, TTPH,

Blue Horseshoe Stocks: Options Success & More

 AT&T, Inc. T – Update

As we were mentioning yesterday, AT&T was ripening for a rebound, and the stock did post a bullish session. It allowed for the beginning of what could still end up being an even more impressive move in the options contracts that we signaled for observation.

We put the T 01/19 $34-36 Calls on watch for a longer-term idea, and they got off to a good start, even as the markets in general took a turn for the worse. The solid performance of T made the following gains possible for our options calls:

$34 Calls – Range: .91-1.33 – Max Gain: 46%
$35 Calls – Range: .53-.89 – Max Gain: 68%
$36 Calls – Range: 37-.56 – Max Gain: 51%

At the present time, we still think AT&T has a ton of upside, with indicators on the chart suggesting that yesterday’s positive session was only a precursor to what could be a much bigger rebound.


Trio of Fresh Options Ideas

We’ve got a couple of daytrading ideas for the NVDA and ROKU options chains, and as we always do, we’d like to caution our readers against trading weekly options on a Friday unless you are an expert trader with disposable funds. It’s incredibly risky.

NVIDIA Corp. – NVDA Weekly $205-212.50 Calls
Roku, Inc. – ROKU Weekly $28-30 Calls

We’ve also got a fresh, longer-term idea to add to our list of tracked contracts, after noticing Price Smart was showing a strong double-bottom signal. We’ll place the following idea on watch in coming sessions.as we await this stock’s recovery.

PriceSmart, Inc. – PSMT 01/19 $80 & $85 Calls 

Extended Watchlist:
ATOS, CREG, JCP, SOGO, TOPS, RGSE, CSIQ