RTTR Archives - Blue Horseshoe Stocks

MAR Puts, BSGM Updates

Marriot International, Inc. MAR – Update
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The markets took a late dive yesterday afternoon, and as they plunged, it helped our bearish idea on MAR realize some nice new gains. We were just reporting on the MAR Weekly $86.50-85 Puts in yesterday’s report, with what were only nominal gains at the time. Today the figures are looking far more impressive.

Even after the company’s CEO somewhat brashly called MAR stock ‘a bottom’, traders did not agree as it took a considerable hit and headed lower. That produced the following opportunities in our targeted puts;

MAR Weekly $86.50-85 Puts
$86.50: 2.80-7.00 (+150%)
$86:2.70-6.60 (+144%)
$85.50: 2.20-5.02 (+128%)
$85: 2.13-5.97 (+180%)
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Fresh Options Ideas:
ALC Weekly $55-57.50 Calls
PGTI Weekly $10 Calls
CYBR Weekly $107-104 Puts

BioSig Technologies, Inc. BSGM

We have been tracking BSGM pretty closely this spring, and the stock has put together an incredible performance. Subsequent to our alert of this play roughly 5 weeks ago on April 7th, it registered a low of 3.45/share. The company has been doing trials for potential coronavirus treatments with the drugs Merimepodib and Remdesivir.

After stacking gains on top of gains and essentially going up continuously with very few daily exceptions, BSGM arrived at a new high of 12.43 yesterday. That represents an increase of 260% in just over a month’s time!

We will certainly continue to track BSGM’s progress and keep our ears to the track for any further developments in the company’s quest for a viable COVID-19 treatment.

Extended Watchlist:
JCP, AGNC, HOG, HTBX, RTTR

RTTR Pops, Options Recaps & More

Ritter Pharmaceuticals Inc. RTTR

We were looking for a big start to the week, which we did get with our options ideas on Monday, but we also included RTTR in that report, and yesterday the stock really went for a ride.

From a low of .332 Monday morning, to yesterday’s new high of .74 it marks a two-day upswing and total possible gains of 123%

Options Updates

We also formulated several options ideas in yesterday morning’s premarket report, and were flushed with solid opportunities to profit in 3 out of our 4 target ranges. Here are the moves made by those contracts on the day:

CHGG 05/15 $45-55 Calls
$45: 8.00-16.19 (+102%)
$50: 4.00-12.00 (+200%)
$55: 1.36-7.89 (+480%)
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PTON Weekly $34-35 Calls*
$34: 2.96-4.00 (+35%)
$35: 2.41-3.50 (+45%)

*Based on premarket activity, we expect to see the gains here increased today, so keep an eye peeled.
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SPY 05/06 $285-288 Calls
$285: 2.93-4.83 (+65%)
$286: 2.36-4.04 (+71%)
$287: 1.83-3.30 (+80%)
$288: 1.37-2.64 (+93%)

Fresh Options Ideas:
CVS Weekly $62-63 Calls
EA Weekly $120-115 Puts
INMD 05/15 $25-30 Calls
CLVS Weekly $8-8.50 Calls

Extended Watchlist:
MDGS, ALA, POAI, VNTR, CARS, MELI,

Looking for a Big Start to the Week

The Clorox Co. CLX – Recap

Our sole fresh options trading idea on Friday was in the CLX chain and came on the heels of the company’s earnings drop. Bleach definitely has a big role to play during the coronavirus pandemic based on a need to keep surfaces as disinfected as possible, making this a high synergy play.

The single-session gains our idea produced during Friday’s session are certainly indicative of that, with huge multi-bag rips across the board:

CLX Weekly $190-195 Calls
$190: .90-7.50 (+733%)
$192.50: .63-5.69 (+801%)
$195: .41-3.33 (+712%)
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SPDR S&P500 (ETF) SPY – Recap

We also have the final highs and total ranges on the group of SPY Puts that we signaled in Thursday morning’s premarket report. Those also turned out to be a great success, with two-day moves which also reached multi-bag status.

SPY 05/04 $291-288 Puts
$291: 2.49-9.50 (+282%)
$290: 2.14-8.60 (+305%)
$289: 1.84-7.75 (+321%)
$288: 1.54-7.00 (+355%)

Fresh Options Ideas:
BUD 09/18 $45-55 Calls
STZ 07/17 $170-180 Calls
CGC Weekly $16-16.50 Calls
TLRY Weekly $7-7.50 Calls
TSN Weekly $57-55 Puts

Extended Watchlist:
TGHI, GMEV, BYZN, WARM, RTTR, APDN, NNVC, YGYI, OGEN, PRTY

More Winning Options Plays

More Options Recaps

If it seems like we spend a lot of time going over options plays we’ve highlighted, it’s because our ideas are constantly turning in incredible performances.

Yesterday, after going over some prior wins, we offered up ideas for PLCE and CHWY, and sure enough, those were solid movers too. The following opportunities were there for the taking in those plays:

PLCE Weekly $61-59 Puts
$17 Puts – Range: 4.35-7.10 – Max Gain: 63%
$16 Puts – Range: 2.35-6.70 – Max Gain: 185%
$15 Puts – Range: 2.30-5.20 – Max Gain: 126%

CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-2.13 – Max Gain: 103%
$26 Calls – Range: .80-1.64 – Max Gain: 105%

Fresh Options Idea:

We’re going to place the Lumber Liquidator Holdings, Inc. LL Weekly $9.50-10 Calls on watch, with the express understanding that if the stock manages to breach its 200DMA of 10.20, that we will want to roll up to include the $10.50’s as well.

Extended Watchlist:
LMPX, AMRX, RTTR, JAGX, CIEN

Kicking Off a Fresh Trading Week

Luckin Coffee, Inc. LK – Options Recap

This past Wednesday morning, we signaled a range of calls in the LK chain, and the incredible move made by the stock on Friday, pushed those contracts to some very lofty gains.

LK stock itself ran from a low of 21.95 and hit 27.31, registering as the NASDAQ’s #6 top daily gainer, and moving up 24% in the process, which is a fantastic intraday move for a $20+ stock.

As far as our targets of interest, the LK 11/22 $19-21 Calls, the following gains were possible with Friday’s amazing run.

$19 Calls – Range: 1.96-5.75 – Max Gain: 193%
$19.50 Calls – Range: 1.70-4.50 – Max Gain: 165%
$20 Calls – Range: 1.35-6.50 – Max Gain: 381%
$20.50 Calls – Range: 1.10-3.60 – Max Gain: 227%
$21 Calls – Range: .71-5.37 – Max Gain: 656%

Eros International plc EROS

We’ve been tracking EROS since October, with the first of two alerts in that moth coming on the 9th.

Since that time we have witnessed some pretty nice activity in the stock, observing a low of 1.25, and as of this morning’s premarket high of 2.70, it has made an overall move of 116%

We are going to highlight some EROS options as well for a fresh idea to start the week off with, the EROS 12/20 $2.50 Calls.

Extended Watchlist:
SGLB EKSO, SMSI, SRRA, ALNA, VNTR, RTTR