JEF Archives - Blue Horseshoe Stocks

Tuesday’s Activity, 5 New Options Targets

Recap of Tuesday:

We had a five-pack of potential options trading targets in our premarket report for yesterday, and saw some positive intraday movement from each of them. As usual, the SPY continues to be the most frequent and reliable target that we select, in terms of big gain opportunities. Especially recently, when market unpredictability has been at or near all-time highs.

Our selection of ideas for Tuesday included the SPY 09/29 $766-767 Calls, the KMX Weekly $57.50-60 Calls, the JEF Weekly $47.50 Puts, the MTN Weekly $135 Puts, and the AIR Weekly $120 Calls:

SPY 09/29 $766-767 Calls
$766: .05-.42 (+193%)
$767: .03-.18 (+500%)
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KMX Weekly $57.50-60 Calls
$57.50: 2.66-3.60 (+35%)
$60: 1.50-2.35 (+57%)
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JEF Weekly $47.50 Puts
$47.50: 1.65-2.05 (+24%)
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MTN Weekly $135 Puts
$135: 4.11-5.40 (+31%)
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AIR Weekly $120 Calls
$120: .65-1.29 (+98%)

Fresh Options Ideas:
SPY 09/30 $766-767 Calls*
CNXC Weekly $22.50 Puts
JBL Weekly $312.50 Puts
FDS Weekly $260 Puts
CALM Weekly $65 Puts

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
EARI, SLXN, SOAR, SDEV, BKYI, ECGI, DXST, TEAD, MSGY, AIBT

Monday Recaps, 5 Possible Trades

Monday in Review:

We’ve never been about glossing over a bad performance, and Monday was simply not the kind of quality we usually produce, and expect from ourselves. Of the three possible targets we included in our premarket report, only our SPY Puts recorded impressive moves. That said, we’ve never stayed down long, and we’ll try to right the ship today.

Here were the moves worth mentioning from yesterday’s targets, the SPY 09/28 $770-769 Puts, and the PBR Weekly $20.50 Calls:

SPY 09/28 $770-769 Puts
$770: 2.17-6.35 (+193%)
$769: 1.06-4.15 (+292%)
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PBR Weekly $20.50 Calls
$20.50: .41-.61 (+49%)

Fresh Options Ideas:
SPY 09/29 $766-767 Calls*
KMX Weekly $57.50-60 Calls
JEF Weekly $47.50 Puts
MTN Weekly $135 Puts
AIR Weekly $120 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
SOAR, ARAY, NXGB, KNRX, ECGI, MWWC, NAMI, MEDS, TXTM

Thursday’s Runners, 4 New Potential Targets

Options Review:

We didn’t see anything too crazy yesterday in the way of huge gain chances like we did in the previous session, but we still managed to root out a trio of potential plays for our premarket report that logged some level of upswing on the day.

Our watchlist contained the SNX 04/17 $110-105 Puts, the VRNT 04/17 $20 Puts, and the JEF 04/17 $57.50-55 Puts. We typically like to look for weekly contracts that expire on Friday, but occasionally we’ll have to highlight longer-term plays, which we can also continue to track past their initial moves. For yesterday’s list, here were those initial moves:

SNX 04/17 $110-105 Puts
$110: 6.80-10.20 (+50%)
$105: 1.99-2.21 (+11%)
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VRNT 04/17 $20 Puts
$20: 1.00-1.95 (+95%)
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JEF 04/17 $57.50-55 Puts
$57.50: 2.30-3.40 (+48%)
$55: 1.25-2.70 (+116%)

Fresh Options Ideas:
SPY 03/28 $567-566 Puts*
AVGO 04/17 $175 Calls
LULU Weekly $ 310-302.50 Puts*
BRZE 04/17 $42.50 Calls

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
LXRX, TWG, RNAZ, PRTG, WIMI, DBVT, MLGO, NVNI

Wednesday’s Big Wins, 3-Pack of New Ideas

Wednesday’s Big Gainers:

Despite the markets taking a nosedive yesterday, all four of the bullish options trading ideas we hashed out for our premarket report produced big moves on the day. It added another day to our immense streak of winning ideas, with our earnings reporters all bucking the trend at some point.

We had the GME Weekly $28-29 Calls, the DLTR Weekly $69-70 Calls, the CHWY Weekly $34.50-35.50 Calls and the CTAS Weekly $200-202.50 Calls on watch, and they came up with the following ranges and total possible gains on the session:

GME Weekly $28-29 Calls
$28: .70-2.10 (+200%)
$28.50: .57-1.75 (+207%)
$29: .45-1.47 (+227%)
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DLTR Weekly $69-70 Calls
$69: .54-4.75 (+780%)
$70: .35-4.00 (+1042%)
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CHWY Weekly $34.50-35.50 Calls
$34.50: .15-.74 (+393%)
$35: .05-.51 (+920%)
$35.50:.04-.34 (+750%)
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CTAS Weekly $200-202.50 Calls
$200: 6.20-12.55 (+102%)
$202.50: 4.30-10.00 (+133%)

Fresh Options Ideas:
SNX 04/17 $110-105 Puts
VRNT 04/17 $20 Puts
JEF 04/17 $57.50-55 Puts

Extended Watchlist:
LYT, DMN, OCEA, GTEC, TDTH, ASST, VVPR, PSTV, RGLS, WKSP

Solar is Red Hot

Keeping an Eye on Solar

This week has brought some very interesting plays in the solar energy sector. We’ve already seen big gains from SPI Energy Inc. SPI, JinkoSolar Holdings. Inc. JKS, and SunWorks Inc. SUNW, and would like to keep our eyes peeled for other opportunities in the arena which may be boosted by the volatility in those moves.

Yesterday alone, SPI went parabolic as it popped off from a low of 3.30 and hit 46.67 for an intraday run of over 1300%, SUNW ran from .73-4.57 (+526%), and JKS continued a month long run with a solid jump from 28.30 to 33.74 (+19%).

What this all tells us, is that a lot of eyeballs are sure to be flooding the solar space in coming sessions, and we’d like to formulate an options idea in the Invesco Solar ETF (TAN), which is presently flirting with a double top, the breaking of which would put it into blue sky territory. To make things interesting, we are going to place the TAN 10/16 $54-56 Calls on watch.
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Another Fresh Idea:
JEF 10/16 $17.50-20 Calls

Extended Watchlist:
JE, XTRM, CHNC, EVUS, BANT, DECN, BLLB, FSLR, CSIQ