Blue Horseshoe Stocks: ETSY Recap, New Ideas

Etsy, Inc. ETSY – Update

Yesterday morning, we floated a couple of fresh options ideas, as we have become accustomed to doing, and ETSY was one of those ideas. We signaled our interest in the ETSY 03/15 $60-65 Calls, and while they didn’t exactly set the world on fire, we did see some very nice first-day gain opportunities from that idea.

The $60 Calls traded in a range from 6.39-10.20 on the day, marking a move of 60% The $65’s fared marginally better, putting up a run from 3.49 to 6.42, which marked a rise of 84% Those were some modest, yet very respectable single-session rips, and with nearly three weeks remaining before they expire, we’ll go ahead and keep these plays on our radar going forward.



Fresh Options Ideas:
Weight Watchers Intl. Inc. WTW Weekly $23-20 Puts
GW Pharma plc GWPH 03/15 $165-175 Calls
Lowes Companies, Inc. LOW Weekly $108-110 Calls


Extended Watchlist:
SMLP, PLNT, MED, BG(Bottom Watch)

Blue Horseshoe Stocks: Post-Earnings Options

Spectrum Global Solutions, Inc. SGSI

The first thing we want to do this morning is to go over the performance of SGSI following our detailed report published in the premarket. If you didn’t catch it, we urge you to read it over now (>>View Report).

Aside from going over some of the attractive features of the company, we indicated that the stock had reached a double-bottom area of support, and the activity unfolded as a classic bottom bounce play, complete with some excellent volatility. The stock traded from a low of .265 and hit a daily high of .45. That’s a 70% intraday swing which came on more than four times the monthly average volume.

We’ll be very interested to continue tracking this play in the days and weeks ahead. We’ll look for it to establish higher highs and higher lows, and potentially make a run at the current 50DMA of .6275.


Fresh Ideas

We’ve also got a pair of post-earnings options ideas to add into the mix this morning.

Campbell Soup Co. CPB – Campbell’s beat on earnings even as quarterly profit slid by nearly a third. Along with the help of solid guidance, the stock is up in the premarket. We’ll be tracking the CPB Weekly $38.50-40.50 Calls.
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Lowes Companies, Inc. LOW – Lowes had a mixed release as well, but looks bearish even after its own earnings beat, and the news that the company would pull back Mexico operations to focus more on the US Market. At the present time, we’re looking at the LOW Weekly $87-85 Puts.

Blue Horseshoe Stocks: Tons of Options

Options Updates

Late last week, we selected a few contracts in the Facebook and Twitter options chains for longer-term ideas. The FB 10/12 $182.50-190 Calls, and the TWTR 10/12 $35 & 37.50 Calls. While they haven’t blown their lids quite yet, we wanted to reiterate our interest in tracking these over a longer time period.

The somewhat nominal gains achieved so far are as follows:
FB 10/12 $182.50’s: .53-.80 (+51%) | $185’s: 40-.54 (+35%)
TWTR 10/12 $35’s: .33-.52 (+56%) | $37.50’s: .28-.40 (43%)

We’ll continue to track these ranges, as there is still plenty of time for them to begin realizing their full potential. What we’ve seen to this point may be just the beginning.
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FRESH IDEAS:

To add to our social media related options ideas, we also see SNAP coming off of a recent bottom, and will signal the SNAP 10/05 $9 & 9.50 Calls for observation as the stock attempts to mount a recovery of recent losses.
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With a major category-4 hurricane currently inbound for the Carolina coastline this week, we’re also going to highlight some plays in Home Depot and Lowes Home Improvement, which tend to see surges in the wake of storms big enough to require extensive cleanup and repairs. According to all predictive models, Hurricane Florence definitely fits that bill.

HD Weekly $212.50 & 215 Calls
LOW Weekly $114-115 Calls
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Bonus Idea:
BHC Weekly $21-22.50 Calls


Extended Watchlist:
IMMR, LPI, USAT, SLCA, LODE, NXTD,

Blue Horseshoe Stocks: TJX Recap & More

The TJX Companies, Inc. TJX – Options Recap

TJX found its way to our premarket report yesterday morning, after the company posted a solid quarterly release.

To coincide with the activity we were observing, we slated a range of options ideas to keep track of, the TJX 06/15 $85-90 Calls. We are pleased to report that there were some nice gains available to traders before noon.

$85 Calls – Range: 2.14-3.90 – Max Gain: 214%
$87.50 Calls – Range: .90-2.50 – Max Gain: 178%
$90 Calls – Range: .35-1.10 – Max Gain: 214%
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Fresh Options Ideas:
Tiffany & Co. TIF Weekly $114-117 Calls
Lowes Companies, Inc. LOW Weekly $88-90 Calls


Other Updates

Each of the following have been picks we’ve included in our daily reports from roughly the last month or so. We have included our alert date, observed lows, and subsequent highs along with the total possible gains that were on the table.

ARQL (04/18) 2.40-4.20, +75%
SDR (05/18) 1.26-1.74, +38%
HTBX (05/14) 1.35-2.00, +48%


Extended Watchlist:
TRXC, AVGR, SNES, DPW, ADOM, AEL

Blue Horseshoe Stocks: New Highs for VPOR & More

Vapor Group, Inc. VPOR

We caught VPOR for a solid gain on Tuesday, mentioning it in our premarket report before a respectable intraday performance ensued. The stock had run from .00355 to .0053 (+49%) , but we noted that it was part of an emerging bullish pattern, so we kept it on watch yesterday as well.

Once again, this time for the fourth straight session, VPOR managed to record higher lows along with a new high. The stock traded in a range from .0043 to .0068, marking a 58% intraday push, and an overall increase of 92% from our observed low on Tuesday.

We’ll stay hot on VPOR’s trail for as long as it continues to build higher base levels of support.


Lowes Companies, Inc. LOW

We put out a post-earnings options idea on Lowes in yesterday’s report with the LOW Weekly $79-81 Calls and it turned out to be an excellent idea, offering up multi-bag gains across the board inside of the first half hour of trading.

No matter which of the strike points were chosen, quick-strike trades could have yielded the following gains:

$79 Calls – Range: 2.08-5.04 – Max Gain: 142%
$79.50 Calls – Range: 1.67-3.35 – Max Gain: 101%
$80 Calls – Range: 1.29-3.02 – Max Gain: 134%
$81 Calls – Range: 75-3.54 – Max Gain: 372%


Fresh Options Idea

Burlington Stores, Inc. BURL-  Speaking of post-earnings beat options plays, we’re going to want to track a range of contracts in the BURL chain following the company strong showing for the quarter which soundly beat Wall Street expectations.

We’re going to want to radar the BURL 03/17 $85-95 Calls. Given the boost from earnings, along with a strong rising wedge pattern on the chart, we like the chances of seeing some nice activity in those contracts.


Extended Watchlist:
ICLD, VDRM, LVVV, BLTA, NCTW

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