OPTT Archives - Blue Horseshoe Stocks

Monday’s Movers, Trio of New Ideas

Good Start to the Week:

It was a solid start to the fresh trading week on Monday. Out of the three potential targets we included in our daily premarket report, all three of them experienced intraday upswings of a significant nature. That picked things up right where we left them on Friday, when we swept the board as well.

Our slate of possible interests for the session were the SPY 04/15 $513-515 Calls, the MTB Weekly $140 Calls, and the TSLA Weekly $170 Puts, and here was the activity they each posted on the day:

SPY 04/15 $513-515 Calls
$513: .52-1.00 (+92%)
$514: .30-.59 (+97%)
$515: .17-.31 (+82%)
_____

MTB Weekly $140 Calls
$140: 2.35-6.20 (+164%)
_____

TSLA Weekly $170 Puts
$170: 3.50-9.25 (+164%)

Fresh Options Ideas:
UNH Weekly $477.50-482.50 Calls
MS Weekly $88-90 Calls
AMD Weekly $160-162.50 Calls

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

Watchlist Recaps:

We’ve also got a couple of plays off of our extended watchlist from yesterday morning, which went on to make notable increases for us. We had SuperCom Ltd. (NASDAQ:SPCB) run from a low of .33 up to .545 for a 65% rise, and Hub Cyber Security Inc. (NASDAQ:HUBC), which moved up from 1.52 to a high of 2.38 in the premarket today, marking an increase of 57%

Extended Watchlist:
KXIN, DYNT, WISA, DFLI, BRTX, OPTT, NSAV, FSRN, CYBCF

Yesterday’s Hitters, Today’s New Ideas

Tuesday’s Big Plays:

Things continued to go rather well for us on the options trading front yesterday. We stick our necks out to come up with quality trading ideas on a daily basis, and while it can sometimes prove challenging, we always seem to get the job done in respectable fashion. Of course it helps significantly that the markets have been especially volatile, as they have been this earnings season, to ratchet up the opportunities for daytraders. We hit on three out of the four ideas in which we were interested.

The potential plays we targeted in yesterday morning’s premarket report that went on to record big gains were the UBER Weekly $26.50-27.50 Calls, the MAR Weekly $160-162.50 Calls, and the CAT Weekly $192.50-187.50 Puts. Lets have a look at the type of intraday movement they provided for us during yesterday’s session.

UBER Weekly $26.50-27.50 Calls
$26.50: 1.40-2.98 (+113%)
$27: 1.14-2.60 (+128%)
$27.50: .89-2.15 (+142%)
_____

MAR Weekly $160-162.50 Calls
$160: 1.05-3.40 (+224%)
$162.50: .52-2.10 (+320%)
_____

CAT Weekly $192.50-187.50 Puts
$192.50: 4.95-9.50 (+92%)
$190: 3.40-6.87 (+102%)
$187.50: 2.20-5.15 (+134%)

Fresh Options Ideas:
PYPL Weekly $98-101 Calls
SBUX Weekly $84-86 Calls
MRNA Weekly $162.50-167.50 Calls

Extended Watchlist:
EAR, AMTD, APDN, HSDT, CEMI, TOUR, PSTX, OPTT, SIRC, IGEX, OZSC, EFSH, TWOH

Wrapping Up a Solid Trading Week

Weekly Wrap-Up

We’re wrapping up another solid trading week by reviewing our spot-on options ideas from yesterday morning’s premarket report. We had signaled interest in both the QCOM Weekly $88.50-90 Calls and the BIDU Weekly $114-117 Calls.

We are happy to say that both of those fresh ideas produced opportunities for multi-bag gains in the day. Here’s the breakdown of the profits that were there for taking:

QCOM Weekly $88.50-90 Calls
$88.50 Calls – Range: 1.06-3.92 – Max Gain: 270%
$89 Calls – Range: 1.05-3.50 – Max Gain: 233%
$89.50 Calls – Range: .65-3.00 – Max Gain: 362%
$90 Calls – Range: .58-2.60 – Max Gain: 348%

BIDU Weekly $114-117 Calls
$114 Calls – Range: 2.50-8.00 – Max Gain: 220%
$115 Calls – Range: 2.00-7.22 – Max Gain: 261%
$116 Calls – Range: 1.85-5.80 – Max Gain: 214%
$117 Calls – Range: 1.38-5.38 – Max Gain: 304%

____

Fresh Options Ideas:
DIS Weekly $139-142 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Sun Kissed Industries, Inc. SKDI

We also highlighted SKDI as one to watch in yesterday morning’s premarket Extended Watchlist. The stock put up quite an intraday performance as it traded up from a low of .03, to a high of .16 on the day.

That works out to a single-session gain of 433% and serves as a perfect example of why we always try to include a daily Extended Watchlist, and why we will never quit speculating on the OTC entirely.

Extended Watchlist:
NDYN, DERM, MNST, PLNT, GPRO, UI, OPTT, STMP, OBLN, UI, AAXN

Blue Horseshoe Stocks: Form-4 Alert & More

Options Updates

We offered up a couple of fresh options ideas in yesterday morning’s report, GIS Weekly $37.50 Calls, and the MU Weekly $31-32 Calls. Despite the markets taking yet another hit in the wake of the Fed’s interest rate hike, both of those ideas managed to produce some positive intraday movement prior to the announcement.

The GIS $37.50’s traded up from 1.31 to 1.80, for a modest 37% rise, but the MU calls did considerably better, logging multi-bag gain opportunities:

MU Weekly $31-32 Calls
$31 Puts – Range: 1.03-2.47 – Max Gain: 140%
$31.50 Puts – Range: .70-2.21 – Max Gain: 216%
$32 Puts – Range: .46-1.83 – Max Gain: 298%

Axovant Sciences Ltd. AXON – Form-4 Alert

We routinely keep an eye out for brow-raising insider trading activity, and have run across AXON today. A trio of stakeholders filed Form-4’s on Tuesday alluding to the purchase of a total of $30M in AXON stock in three $10M transactions, at the current relative lows near a dollar. That amounts to over a quarter of the company’s total market value.

To us, this would seem a fairly big indicator that these institutional investors are very confident that the stock will not fall below these levels. We’ll go ahead and place AXON on an extended term bottom-watch into the New Year.

Extended Watchlist:
OHGI, OPTT, YRIV, GMO, PTX, GERN, SBS, NXTD, MARK, HEAR

Blue Horseshoe Stocks: Options Review & HEMP

Options Review

We’ve placed a lot of focus on options plays this week, and thanks to the help of a solid day for the markets, we saw excellent opportunities for quick strike profits in a couple of them yesterday. Our primary order of business today is to go over the gains that have been made possible by some of our ideas.

The Netflix Inc. NFLX 01/25 $290-300 Calls were an idea we submitted in yesterday morning’s premarket report, and we saw some moderate increases in all five of those contracts, which were as follows:

$290 Calls – Range: 14.15-16.30 – Max Gain: 15%
$292.50 Calls – Range: 11.00-14.70 – Max Gain: 34%
$295 Calls – Range: 10.05-16.25 – Max Gain: 62%
$297.50 Calls – Range: 11.25-14.00 – Max Gain: 24%
$300 Calls – Range: 8.60-13.07 – Max Gain: 52%
____

We also formulated an idea for the SPDR S&P500 ETF (SPY) on Tuesday morning, the SPY Weekly $266.50-268.50 Calls, and those have flourished thanks to the bullish session for stocks in general yesterday. Here are the ranges on those contracts so far:

$266.50 Calls – Range: 1.25-3.55 – Max Gain: 184%
$267 Calls – Range: 1.02-3.20 – Max Gain: 214%
$267.50 Calls – Range: .89-2.86 – Max Gain: 221%
$268 Calls – Range: .74-2.60 – Max Gain: 251%
$268.50 Calls – Range: .66-2.28 – Max Gain: 245%

_______

Hemp, Inc. HEMP

We also wanted to make mention of HEMP, a long-time familiar play which we most recently tagged on November 30th, subsequent to which time we would observe a low of .0292.

Thanks to the passing of the farm bill in the House by a landslide, hemp and its byproducts, which includes CBD, has just been legalized at the federal level. That means big things for HEMP, and many other companies involved in CBD production and distribution. The news led to a new high of .045 for HEMP- a 54% move over our observed low from a couple of weeks ago.

Extended Watchlist:
OPTT, IPCI, BLIN, CRIS, VTL, DPW, GE, PAYX, ADIL, NBEV