PS Archives - Blue Horseshoe Stocks

Friday in Review:

Friday was a solid day for us, as we wrapped up a pretty fruitful trading week that included a ton of good daytrading opportunities. We had outlined three possible targets in our premarket report for the session, and they all responded with some nice multibag intraday runs.

Our targets were the NFLX Weekly $73 Puts, the GOOG Weekly $350 Calls, and the AVGO Weekly $347.50 Calls, and they produced the following upswings on Friday:

NFLX Weekly $73 Puts
$73: .78-1.97 (+153%)
_____

GOOG Weekly $350 Calls
$350: 1.27-5.50 (+333%)
_____

AVGO Weekly $347.50 Calls
$347.50: 4.76-15.35 (+222%)

Fresh Options Ideas:
SPY 09/21 $765-766 Calls*
MSTR Weekly $162.50-165 Calls
COIN Weekly $202.50-205 Calls
MARA Weekly $13.50 Calls

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

Extended Watchlist:
BTDR, PS, SBET, SNDK, PURR, BLSH, KEEL,

Activision Blizzard. Inc. ATVI – Big Winner

We signaled a range of calls in the Activision chain yesterday morning in our premarket report following the company’s earnings report, which were bullish despite the fact that ATVI’s quarterly figures were a disappointment. We indicated that we would put the ATVI Weekly $42-43.50 Calls on watch, and they were good ideas across the board.

In each of our designated contract sets, we saw not one, but two remarkable intraday swings, that gave traders plenty of chances for single-session profits of a significant nature. We’ve listed all the moves and total possible gains below:

$42 Calls – Move #1: 1.48-3.20 (+116%) | Move #2: 1.32-3.35 (+154%)
$42.50 Calls – Move #1: 1.12-2.75 (+146%) | Move #2: .98-2.85 (+191%)
$43 Calls – Move #1: .89-2.32 (+161%) | Move #2: .70-2.40 (+243%)
$43.50 Calls – Move #1: .70-1.90 (+171%) | Move #2: .44-1.90 (+332%)
____

Fresh Options Idea:
AstraZeneca plc AZN Weekly $38-39.50 Calls

Pernix Therapeutics Holdings, Inc. PTX

Even as we continue our excellent 2019 track record for options ideas, we don’t want to forget about the stocks on our watchlist that have been performing well.

A fantastic example of that is a stock we tagged as a bottom watch play back on December 20th. Over the past seven weeks, the stock has ramped up quite impressively, leading to a new high yesterday that we wanted to recap today.

From our observed low of .32 on PTX subsequent to our alert, to yesterday’s new high, represents an increase of 588%

Extended Watchlist:
OHGI, AY, SNBR, IVC, CHEK, AKAO, TELL, BRS, PS, SOLO

Tag: PS

Friday’s Movers, 4 Ideas to Kick Off the Week

Blue Horseshoe Stocks: ATVI Winners & More