Thursday’s Runners, 4 Fresh Possibilities

Back on Solid Footing:

We got things right back on track yesterday, after a bit of a poor showing on Wednesday. We hashed out four potential plays for the day’s premarket report, and witnessed good activity in each one. There were definitely opportunities to be had, and it gets us back on track to end the week in a more positive way/

Yesterday’s interests were the ACN Weekly $235 Puts, the KMX Weekly $52.50-50 Puts, the JBL 10/17 $220-210 Puts, and the INTC Weekly $31-31.50 Calls.Here were the top moves of the session on those targets:

ACN Weekly $235 Puts
$235: 
1.22-6.00 (+392%)
_____

KMX Weekly $52.50-50 Puts
$52.50: 
6.35-9.65 (+52%)
$50: 4.58-7.46 (+63%)
_____

JBL 10/17 $220-210 Puts
$220: 
13.01-18.48 (+42%)
$210: 7.00-11.00 (+57%)
_____

INTC Weekly $31-31.50 Calls
$31: 
.69-3.30 (+378%)
$31.50: .49-2.80 (+471%)


Fresh Options Ideas:
CNXC 10/17 $50-45 Puts
COST Weekly $935-930 Puts*
AAPL Weekly $255 Calls*
INTC Weekly $35 Calls* 

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


Extended Watchlist:
MRM, BIAF, WAI, DVLT, NUAI, CJET, GUTS, BLMZ, DFLI, AMPY, CRNX

Options Recaps, 4 Fresh Ideas

Disappointing Midweek Outing:

It’s never a good morning when we have to relay a poor success rate for options ideas in our previous day’s premarket report, and that’s our task today. Luckily, in the entire history of BlueHorseshoeStocks.com, of which we make all 14 years available for viewing in our public archives, it’s a wildly rare event when we have maore misses than hits on any given day.

Our AMZN Weekly $220-225 Calls were the only set of possible plays from yesterday’s report that went in the right direction for us. With a good slate of earners this morning, we’ll press hard to get things back on track as we close out this week:

AMZN Weekly $220-225 Calls
$220: 
2.80-3.65 (+79%)
$222.50: 1.40-1.89 (+79%)
$225: .75-1.07 (+79%)


Fresh Options Ideas:
ACN Weekly $235 Puts
KMX Weekly $52.50-50 Puts
JBL 10/17 $220-210 Puts
INTC Weekly $31-31.50 Calls


Extended Watchlist:
PSTV, WOK, PEPG, LAC, EVAX, ATCH

Options Review, 3 New Plays to Start the Week

Friday’s Runners:

We finished off the short trading week in style on Friday, throwing out a slate of three potential options daytrades in our premarket report, and getting back highly positive results from all three. Earnings reports were a little scarce for most of the week, but we made it work.

Our designated watchlist for the day consisted of the KMX Weekly $67.50-70 Calls, the DRI Weekly $230 Calls, and the ACN Weekly $292.50-290 Puts. Here were the biggest runs they posted on the day:

KMX Weekly $67.50-70 Calls
$67.50
 .45-1.48 (+229%)
$70: .10-.35 (+250%)
_____

DRI Weekly $230 Calls
$230:
 .15-1.20 (+700%)
_____

ACN Weekly $292.50-290 Puts
$292.50:
 4.86-9.45 (+94%)
$290: 2.76-6.91 (+150%)


Fresh Options Ideas:
CVX Weekly $150-152.50 Calls
FDS 07/18 $420 Calls
NOC 07/18 $500-505 Calls


Extended Watchlist:
ZETA, CYBL, CINGF, NLST, AGYP, GEAT, CEIN

Midweek Options Recaps, 3 Friday Plays

A Winning Wednesday:

We put up quite a nice performance on Wednesday prior to the holiday break, highlighting a slate of three potential options targets in our premarket report for the session. We saw extremely solid performances from all three of those plays, with nothing less than strong double-bag moves across the board.

Our focal points were the GMS Weekly $80 Calls, the KFY Weekly $75 Calls, and the SPY 06/18 $598-599 Calls. Here were the best intraday upswings they recorded on Wednesday:

GMS Weekly $80 Calls
$80:
 1.40-3.48 (+149%)
_____

KFY Weekly $75 Calls
$75:
 .46-1.26 (+174%)

SPY 06/18 $598-599 Calls
$598: 1.72-3.99 (+132%)
$599: 1.24-3.20 (+158%)


Fresh Options Ideas:
KMX Weekly $67.50-70 Calls*
DRI Weekly $230 Calls*
ACN Weekly $292.50-290 Puts*

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


Extended Watchlist:
WHLR, DFLI, MITQ, LUCY, BIYA, GIMS, AIM, AIFF, QNTM, JFBR

Playing the SPY Like a Fiddle, 3 Potential Plays

Recap of Thursday’s Activity:

We don’t typically give such detailed predictions for daily market machinations as we did in our premarket report yesterday, but things played out essentially just like we expected. We mentioned that after the huge late-day rally on Wednesday, we were “anticipating the SPY to pare some of those gains early, before seeing another bounce”, and that’s just what we saw. With market volatility being what it is, we’ll continue sticking close to the SPY, just going off of our gut and the direction of the wind each morning to formulate our daily targets.

Here’s how that strategy worked out for yesterday’s SPY targets, the SPY 04/10 $532-534 Calls. We have the best intraday moves from our other idea, the KMX 04/17 $77.50-72.50 Puts as well.

SPY 04/10 $532-534 Calls
$532:
.52-2.74 (+427%)
$533: .40-2.38 (+495%)
$534: .40-2.08 (+420%)
_____

KMX 04/17 $77.50-72.50 Puts

$77.50: 5.90-14.00 (+137%)
$75: 4.92-11.70 (+138%)
$72.50: 3.00-8.87 (+196%)


Fresh Options Ideas:
SPY 526-528 Calls*
JPM Weekly $230-232.50 Calls*
WFC Weekly $63 Calls*


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


Extended Watchlist:
BON, MSPR, BGLC, RXRX, CDT,  SHPH, AREB

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