PMNT Archives - Blue Horseshoe Stocks

Monday in Review:

We came out fresh to start the week in decent fashion on Monday, with our premarket report containing a trio of possible plays, all of which came down on the bearish side of things. It was the wrong move as far as how the winds were blowing but we still saw some solid movement from those targets early on.

We had put the SPY 04/13 $677-676 Puts, the GS Weekly $875-870 Puts, and the on radar FAST Weekly $47.50 Puts with those FAST Puts really being the most notable target by a huge margin, scoring a big multibag rip on the day:

SPY 04/13 $677-676 Puts
$677: .60-.94 (+57%)
$676: .25-.40 (+60%)
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GS Weekly $875-870 Puts
$875: 9.00-14.32 (+59%)
$870: 7.46-11.55 (+55%)
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FAST Weekly $47.50 Puts
$47.50: .35-2.25 (+542%)

Fresh Options Ideas:
SPY 04/14 $687-688 Calls*
JNJ Weekly $235 Puts
BLK Weekly $1035-1045 Calls
KMX Weekly $47.50 Puts

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader

Extended Watchlist:
SLNH, HUBC, BOLD, ALG, GPRO, PMNT, SNAL, ROLLR, AVNS, JAN, HOTH

SPECIAL NOTICE:

Please be advised that there will be no newsletters going out next week, as the Blue Horseshoe family will be on summer vacation! We have never taken an entire week off in the 14 year history of the site, so we feel it’s well deserved. We will be returning on Monday the 25th. Happy Trading!

Thursday’s Winners:

We put forth another great effort on Thursday, continuing the trend of winning plays for the week with the four ideas we provided in our premarket report for the session. All of our target yielded a chance at some big intraday gains.

We were focused on the DE Weekly $485-480 Puts, the NTES Weekly $130-125 Puts, the TPR Weekly $100 Puts, and the RBLX Weekly $126 Puts. All put on a good show, and only one contract set fell short of the multi-bag mark. Here’s how they did:

DE Weekly $485-480 Puts
$485: 5.88-14.49 (+146%)
$482.50: 4.82-11.93 (+148%)
$480: 3.49-10.75 (+208%)
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NTES Weekly $130-125 Puts
$130: .59-1.39 (+136%)
$125: .05-.17 (+240%)
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TPR Weekly $100 Puts
$100: 2.80-4.20 (+50%)
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RBLX Weekly $126 Puts
$126: .65-2.08 (+220%)

Fresh Options Ideas:
AMAT Weekly $167.50-165 Puts*
SNDK Weekly $45 Puts*
GLOB Weekly $70-65 Puts*

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

Extended Watchlist:
PMNT, PGEN, PPSI, DFLI, CODX, SORA, VMAR, SIF, ORIS

Tag: PMNT

Monday’s Movers, 4 New Chances

Thursday’s Big Movers, 3 Friday Targets