QCOM Archives - Page 8 of 10 - Blue Horseshoe Stocks

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%

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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

New Options Ideas & More

Options Review

We want to circle back this morning to update readers on some options ideas we put forth in our premarket report on Tuesday morning. We were interested in tracking the REGN Weekly $317.50-325 Calls and the UBER Weekly $29.50-28 Puts and found solid success in both instances.

Here were the two-day swings made by each contract set in our highlighted ranges, and the total potential profits that were there for the taking:

REGN Weekly $317.50-325 Calls
$317.50 Calls – Range: 11.02-23.00 – Max Gain: 109%
$320 Calls – Range: 5.99-22.65 – Max Gain: 278%
$322.50 Calls – Range: 6.56-17.50 – Max Gain: 167%
$325 Calls – Range: 4.00-18.23 – Max Gain: 356%
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UBER Weekly $29.50-28 Puts
$29.50 Puts – Range: 1.27-3.99 – Max Gain: 214%
$29 Puts – Range: 1.01-3.52 – Max Gain: 249%
$28.50 Puts – Range: .85-3.20 – Max Gain: 276%
$28 Puts – Range: .65-2.60 – Max Gain: 300%

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Fresh Options Ideas:

QCOM Weekly $88.50-90 Calls
BIDU Weekly $114-117 Calls
MCD 01/17 $195-220 Calls

Grom Social Enterprises Inc. (OTCMKTS: GRMM)

We also want to update readers on the performance of GRMM following the special report we released on the company yesterday morning.

The stock saw a daily low of .105 before running as high as .145. That represents an intraday increase of 38% exhibiting just the type of desirable near-term volatility potential that we described in our initial report. It adds to the excitement of where the stock could go from here. Expect updates to be forthcoming as the situation continues to develop.

>>View GRMM Special Report<<

Extended Watchlist:
WDIS, SKDI, LVGO, RL, TMDI, GOGO, IQ

Blue Horseshoe Stocks: JMIA Runner & More

Jumia Technologies JMIA

Our first order of business this morning is to mention the performance of JMIA after we included in yesterday’s premarket report on our extended watchlist.

This relatively new play doesn’t even have an options chain as yet, but the move made by the stock itself, especially for something in this price range, was really impressive. JMIA ran from a low of 33.10 on up to 43.50 during yesterday’s session, marking an impressive intraday rise of 31% As of this morning in the premarket, that high has risen to 50.60, and pushing our observed gain to a super solid 53%

FRESH OPTIONS IDEAS

Netflix, Inc. NFLX – Although the company downplayed its Q2 guidance in yesterday’s post-market release, NFLX still showed strong growth for the quarter, and looks to be in line for a solid finish to this four-day trading week which wraps up tomorrow in advance of Good Friday. Wre will look to possibly take advantage of the NFLX Weekly $365-375 Calls.

PepsiCo, Inc. PEP – Pepsi was among those companies reporting their quarterly earnings this morning in the premarket, and we’d like to formulate an idea there as well after the company posted a Q1 beat on profits and revs. We’re going to track the PEP Weekly $124-125 Calls into tomorrow’s close.

Extended Watchlist:
QCOM, TXT, CSX, SBGL, TLGT, YUMA, TBLT, ADVM

Blue Horseshoe Stocks: Bottom Watch Plays

Inspired Entertainment Inc. INSE

The markets had a really rough go of things on Friday which caused problems for many, if not most, stocks. INSE was among those few that managed to buck the trend, as the stock continued to exhibit bottom-bounce characteristics. That’s why we wanted to place INSE on recovery watch, just on the heels of its quarterly report.

The overseas virtual sports gaming company relayed considerable revenue growth for the period, while outlining its intent to penetrate further into the North American markets. INSE is going to be an interesting play to watch into the New Year, as it already received positive feedback from a trial run with the Pennsylvania lottery.

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InSys Therapeutics, Inc. INSY

Speaking of bottom plays, the similarly-designated INSY also just caught our eye this morning with an attractive bottom-play setup in the works.

As you can see from the included snapshot of this one, the stock is quite oversold, and has established a fairly solid level of support from which a considerable rebound may be possible.

Extended Watchlist:
SGSI, QCOM, XPER, VLRX, CLDX, LEVP, APHA, NTRI

Blue Horseshoe Stocks: Options Explosion

Big Time Options Success

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We included a trio of options ideas in yesterday morning’s premarket report, and with the type of consistent success we have had in the options trading area recently, it should come as no surprise to any of our readers that we scored the hat track.

We’re in the thick of Q2 earnings season, with big name companies reporting left and right. We will continue to milk this cow for as long as possible. Take a look at the single-session gains that were available in yesterday’s watchlist, and read on to get some fresh ideas to close out the week.

AMD Weekly $16.50 & 17 Calls
$16.50 Calls – Range: .49-1.93 – Max Gain: 293%
$17 Calls – Range: .25-1.40 – Max Gain: 460%
Updated Idea: $18-19 Calls

QCOM Weekly $62.50-64 Calls
$45.50 Calls – Range: .20-1.21 – Max Gain: 505%
$46 Calls – Range: .13-.82 – Max Gain: 531%
$45.50 Calls – Range: .10-.50 – Max Gain: 400%
$46 Calls – Range: .06-.27 – Max Gain: 350%

UAA Weekly $21.50-23 Calls
$45.50 Calls – Range: .43-.97 – Max Gain: 126%
$46 Calls – Range: .06-1.00 – Max Gain: 1566%
$45.50 Calls – Range: .14-.71 – Max Gain: 407%
$46 Calls – Range: .05-.57 – Max Gain: 1040%
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Fresh Ideas:
Whirlpool Corp WHR 08/03 $129-131 Calls
Chipotle, Inc CMG Weekly $467.50-475 Calls
Yum China Holdings, Inc. YUMC 08/17 $37.50-42.50 Calls

Extended Watchlist:
EXPE, CRMD, ISR, SBS, CHK, MEIP, GST