RHE | Blue Horseshoe Stocks

Solid Options Runners & More

Key Options Updates:

We always try to include a mix of quick-strike weekly options ideas into our daily reports, as well as what we refer to as ‘longer-term’ ideas, with expiration dates that are weeks or sometimes even months away.

So this morning, in addition to highlighting the gains in the LI Weekly $29-30 Calls we signaled in our report yesterday, we’ll also backtrack to the HIBB 09/17 $100-105 Calls we put forth on Friday morning, as well as the KC 09/17 $30-35 Calls, which we initially alerted last Wednesday.

The total possible gains in those targets so far are as follows:

LI Weekly $29-30 Calls
$29: 1.50-2.00 (+33%)
$30: 1.08-1.53 (+42%)
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HIBB 09/17 $100-105 Calls
$100: 1.20-2.80 (+133%)
$105: .70-1.75 (+150%)
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KC 09/17 $30-35 Calls
$30: .60-2.00 (+260%)
$35: .10-.51 (+410%)

With two-plus weeks remaining until expiration on the HIBB and KC contract sets, we’ll continue to track for the possibility of further increases, and report back with a future update.

Fresh Options Ideas:
SLQT 09/17 $7.50-10 (*Form-4 Bottom Play*)
NTES Weekly $90-93 Calls
ZM Weekly $310-300 Puts

Extended Watchlist:
SONN, ACIU, RHE, SYTA, ASTA, BRYYF, KYNC, NOHO, TGGI, VIZC, GTLL, HDVY, BIEL,

Blue Horseshoe Stocks: Updates, Earnings Play

Cronos Group, Inc. CRON

We alerted CRON initially on Halloween morning and rode several options ideas to multi-bag gains through the early goings of last month. Since that time, the range on the stock itself has been rather impressive, with CRON shooting to new highs yesterday.

On the day of our initial report on CRON, we observed a low of 7.10. Yesterday’s new high came in at 11.89, which represents a gain of 67% in just under five weeks.

Spectrum Global Solutions, Inc. SGSI

We’ve also got another news alert for SGSI this morning, marking the third update since our special report on the company, which we released on the morning of November 19th. We highly suggest our readers check out the SGSI Report if you missed it.

Dec. 03, 2018 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC: SGSI) (the “Company”), a single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and solutions to the service provider (carrier) and corporate enterprise markets, provides the following update to its shareholders and investors from its CEO, Roger Ponder. (>>View Full PR)

Zillow Group, Inc. Z – Update

A couple of Wednesday’s ago, on the 21st, we highlighted some options ideas on Zillow, which caught our eye when we noticed some insider buying at relative lows. The insider buying trend has continued, as has Zillow’s filling of the gap we had identified on the chart.

Yesterday the stock hit a new high of 37.75, which from our observed low of 27.92 marks a move of 35% in just over a week’s time. That allowed new highs in the Z 01/18 $30-40 Calls on our watchlist.

Our signaled options ideas have thus far provided us with the following gain opportunities:

$30 Calls – Range: 1.57-6.66 – Max Gain: 324%
$35 Calls – Range: .57-3.83 – Max Gain: 572%
$40 Calls – Range: .10-1.42 – Max Gain: 1320%
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Fresh Options Idea:
Dollar General Corp. DG Weekly $109-103 Puts

Extended Watchlist:
LIQT, RHE, GTHX, ADMP, AMPE, UPL, USLV

Blue Horseshoe Stocks: Big Gains Keep Coming!

Tilray, Inc. TLRY

We’re still tracking our idea from Tuesday morning‘s premarket report, the TLRY 09/21 $91-93 Calls. While we generally have stayed clear of most IPO’s in their very early stages in the past, Tilray was just too attractive not to dabble in, and the results have been fantastic thus far.

We’ve been looking at multi-bag gains for all three of the contracts in our observed range, and the stock itself has risen by a considerable margin this week. On Tuesday when we first alerted on it, it traded for as little 87.50, and yesterday reached a high of 127.27, a very impressive three-day swing of 45%

Here are the updated ranges on the options contracts we signaled for observation:

$91 Calls – Range: 6.43-27.50 – Max Gain: 328%
$92 Calls – Range: 5.51-27.80 – Max Gain: 405%
$93 Calls – Range: 5.23-23.70 – Max Gain: 353%
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Nio, Inc. NIO – Speaking of IPO’s, NIO, which debuted yesterday, made a lot of noise in just a single day on the market. We like the space it operates in- the company produces electric cars, and alternative energy will continue to become a more and more attractive sector as the fossil fuel age continues its slow but inevitable wind-down.

No options yet exist for NIO, so we’re just going to place it on watch as a solid looking, low-priced IPO, and may perhaps return sometime for options down the line, once its chain has been properly established.
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The Kroger Co. KR – Update

Another set of options ideas that we presented in yesterday’s report was the KR Weekly $31-29 Puts. Going bearish on options isn’t typical for us but when an opportunity presents itself, we’ll take it, and this was a good one.

All five of our designated contracts produced notable intraday gain opportunities:

$31 Puts – Range: 2.02-2.53 – Max Gain: 25%
$30.50 Puts – Range: 1.39-2.05 – Max Gain: 47%
$30 Puts – Range: 1.04-1.57 – Max Gain: 51%
$29.50 Puts – Range: .71-1.06 – Max Gain: 49%
$29 Puts – Range: .30-.64 – Max Gain: 113%
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Fresh Idea:
SPY Weekly $290-291.50 Calls

Extended Watchlist:
BVX, MNGA, RHE, EARS. AGRX,