Blue Horseshoe Stocks: PEP Surges & More

PepsiCo, Inc. PEP

Pepsi had a solid across the board beat following its premarket earnings release yesterday, and we seized opportunity to include the  PEP Weekly $124-125 Calls in our morning report.

A five-dollar intraday run by the stock allowed for some very nice opportunities to profit in our pair of targets. The $124 Calls ran from .72-3.40 for a big 372% rip, while the $125’s traded from .32 to 2.45; a gain of 666%


Verb Technology, Inc. VERB

This stock is a newcomer to the NASDAQ, having only recently uplisted from the OTCQB, which has been the subject of a selloff over the past six weeks. That was kicked into another gear earlier this month when the company announced that its move to the NASDAQ would be accompanied by a $20M offering at roughly half the market price at the time.

Now that it has fallen well below the offering price, and indicators are suggesting a rebound may be in order, we are going to flag this play for observation in the days and weeks ahead.


FRESH OPTIONS IDEAS
United Rentals Inc. URI Weekly $134-136 Calls
Union Pacific Corp. UNP $167.50-175 Calls


Extended Watchlist:
MARA, AMRS, BGNE, GOGO, TNXP, NSPR

Blue Horseshoe Stocks: Fresh Options Ideas

The Greenbrier Companies, Inc. GBX

The first thing that jumped out to us on this morning’s routine market scan was GBX. The only company on the earnings calendar with a market cap of more than a billion dollars, it’s also boasting an attractive bottom setup on the chart.

We’re going to tag the GBX 04/18 $30-35 Calls for observation, which gives us a couple of weeks to see more a rebound from the stock, which just began to rise off of in recent;y established 52-lows.
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FRESH OPTIONS IDEAS
SPDR S&P500 ETF (SPY) Weekly $287-288 Calls 
Constellation Brands, Inc. STZ Weekly $187.50 Calls


InspireMD, Inc. NSPR

We also will be placing another recently struggling stock in NSPR on bottom watch this morning. With it just having registered new 52-week lows yesterday, it would appear there may be slightly further to fall before a rebound is imminent, if we look at the indicators, but we’ll start tracking it now.

The stock was trading at twice this amount barely over a month ago, so the potential for rapidly recovery is also there.



Extended Watchlist:
TROV, CNET, DCAR, CRBP, KIQ

Blue Horseshoe Stocks: Options Recap, New Ideas

Options Recap

We ended our week with some fresh options ideas on Friday, which, like a good majority of our ideas, saw chances for multibag gains on the day.

ULTA Weekly $320-327.50 Calls*
$320 Calls – Range:
9.20-17.60 – Max Gain: 78%
$322.50 Calls – Range: 8.80-18.80 – Max Gain: 108%
$325 Calls – Range: 4.90-19.26 – Max Gain: 108%
$327.50 Calls – Range: 5.10-16.74 – Max Gain: 110%
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SPY Weekly $280.50-281.50 Calls*
$280.50 Calls – Range: .40-1.65 – Max Gain: 78%
$281 Calls – Range: .14-1.24 – Max Gain: 108%
$281.50 Calls – Range: .09-.79 – Max Gain: 108%

Fresh Ideas:
SPY 03/18 $281-282 Calls*

FIS 04/18 $110-115 Calls

*As always when we signal options expiring the same day of our report, we must insist that you NOT attempt any of these trades unless you are an advanced level trader with access to disposable funds!


Qudian, Inc. QD

We’re looking at a potential bottom-play in QD as we kick off the week also, which as you can see on the following snapshot, has a ripening chart at the moment. The company reported earnings this morning, which beat expectations, while revenues fell slightly short.

The stock could be setting up for another run at the $7.00 range or better, so we’re going to begin monitoring QD in upcoming sessions.


Extended Watchlist:
ABIO, ADOM, NAKD, SFET, NSPR,