SAEX Archives - Blue Horseshoe Stocks

BIG Options Explode & More

Options Success Continues

We routinely identify fresh options trading ideas for ourselves and our readers, and the past couple of sessions have been no different than what we’ve come to expect.

Big Lots, Inc. BIG – Yesterday we reported on the success of the BIG 12/20 $22.50-27.50 Calls which we included in Friday’s premarket report and those set explosive new highs yesterday. Here are the total two-day upswings achieved by those plays:

BIG 12/20 $22.50-27.50 Calls
$22.50 Calls – Range: .96-4.57 – Max Gain: 376%
$25 Calls – Range: .20-2.46 – Max Gain: 1130%
$27.50 Calls – Range: .06-.88 – Max Gain: 1367%
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Canopy Growth Corp. CGC – We also placed the CGC Weekly $19-19.50 Calls on watch yesterday morning as a fresh idea to start the trading off with, and we’re pleased to relay the multi-bag intraday performances out of that pair of contracts. The $19 Calls ran from .42-2.54 for a daily gain of % and the $19.50’s posted a range from .35-2.11, making total gains of up to % possible on the day.

The timing on our ideas came perfectly in sync with the company’s news that it would be hiring Constellation Brands (STZ) CFO as its new CEO (>>Read More)

More Fresh Options Ideas:

Chewy Inc. CHWY 01/10 $22.50-24 Calls
Stitch Fix, Inc. SFIX Weekly $27-28 Calls
Designer Brands, Inc. DBI 12/20 $17.50-15 Puts
Conn’s Inc. CONN 12/20 $17-15 Puts

Extended Watchlist:
CLVS, TGB, VTGN, AVEO, ARAV, SAEX, DERM, NVTA

Blue Horseshoe Stocks: DIS Options

The Walt Disney Co. DIS

The first thing on the menu this morning is to take a look at Disney on the heels of ESPN+ securing US broadcast rights to Bundesliga soccer from 2020 to 2026.

The stock is already exhibiting a fairly solid double bottom formation. What we want to see is DIS holding above the 200DMA of 125.98, and if it can manage that, we’re going to be very interested in the DIS 11/08 $133-136 Calls.

Atreca, Inc. BCEL

We also want to radar BCEL, which is a bottom-play candidate for us as we kick off this fresh trading week. The stock nearing the 3-month mark since its IPO, and is not trading far off of its records lows at the moment.

We’re going to want to keep an eye on this play for a potential reversal ion the days and weeks ahead. The stock had a swing of over 100% last month near these levels, so we will be interested to watch and see if it can repeat itself.

Extended Watchlist:
FOSL, PAGP, BBBY, ACST, MGI, NEPT, SAEX, DF, KOOL

Blue Horseshoe Stocks: Epic BPTH Run

Bio-Path Holdings, Inc. BPTH

We’ve been talking about BPTH all week, after the stock we tagged as a bottom watch play in our morning report on January 23rd had come up from our observed low of 2.65 to nearly the $15-mark. It was an incredible gain indeed, but nothing could have prepared us for what was to come.

Yesterday, following the company’s clinical update on its Phase 2 acute myeloid leukemia drug, prexigebersen, we saw an explosion on the chart that can only be described as the rarest of the rare. BPTH shot up from a daily low of 17.01 to an astounding high of 73.52! That worked out to an intraday swing of 332% As measured from the low following our January alert on the stock, BPTH posted an increase of 2,674% in a matter of just five weeks.

The stock pulled back to the high $30’s following that epic run, so it would appear that the above-mentioned figure will be the final maximum gain on our idea. While this has a chance to go down as our best stock call of the year, the chances that we score bigger gains on options ideas are extremely high. So we encourage any non-subscribers reading this to sign up as soon as possible!

Fresh Options Ideas

Speaking of options, which have also brought us several multi-bag gain opportunities this week, we’ll go ahead and close out this incredibly successful week with a pair of ideas that seem to be good bets here in the premarket. Horrid payroll numbers are contributing to what appears to be an impending bearish day for the markets.

SPY Weekly $274.50-273 Puts*
BIG 03/15 $35-37.50 Calls

*Never trade weekly options on a Friday unless you are an expert level trader with access to disposable funds.

Extended Watchlist:
DSKE, TRIL, SAEX, SEEL, PULM, TROV, TVIX, XXII

Blue Horseshoe Stocks: Fresh Options Three-Pack!

Galectin Therapeutics, Inc. GALT

About a week ago, we signaled GALT for observation, a stock we’ve had quite a bit of experience tracking in the past. It had been in a bearish downslide for the better part of two months, and had just begun to rebound.

We wanted to come back around for an update on the move GALT has made since that time. After seeing a low of 4.06, the stock has traversed its way back to a high of 6.53. That marks a respectable upswing of 61% and puts us on alert for the possibility of more moves.

SPDRA S&P 500 ETF (SPY) – Options Idea

Our fresh options idea for yesterday morning was the SPY Weekly $290-291.50 Calls to watch into the end of the week. With a solid midday performance for the SPY, some significant intraday gains were made in our designated targets.

$290 Calls – Range: .98-1.54 – Max Gain: 57%
$290.50 Calls – Range: .67-1.13 – Max Gain: 69%
$291 Calls – Range: .43-.79 – Max Gain: 84%
$291.50 Calls – Range: .25-.50 – Max Gain: 100%

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Fresh Ideas:
LULU Weekly $149-152.50 Calls
BIG 09/21 $42.50-45 Calls
DLTR 09/21 $82.50-85 Calls

Extended Watchlist:
SAEX, OHGI, CMCM, BIOAF, MTSL, SSC

Blue Horseshoe Stocks: ANW Bottom Bouncer & More

Aegean Marine Petroleum Network, Inc. ANW

We hope everyone had a pleasant midweek holiday break; we expect a relatively subdued closeout to this short week, but one stock that is hitting our scanners as a high potential bottom play this morning is ANW.

As you can see from the included chart, the stock has been oversold for quite some time now, reaching unsustainable low levels, while a massive gap exists to the upside.

The stock has begun to fill that gap this morning, and we’re interested to see where the spike in activity is going to take ANW.

Extended Watchlist:
LBIX, TKC, AU, HMNY, SAEX, VEON, MXC, VLRX