SBET Archives - Blue Horseshoe Stocks

Options Rehash, 2 Fresh Plays

Back in the Saddle:

We must once again apologize for failing to put out a report for yesterday’s session. We know it has happened a few times this year already, when previous to this, it was an absolute rarity. We’ve had bad luck with illness, storm damage, and other emergency situations out of our control.

Lets jump right back into things today and see if we can’t hash out a selection of good ideas to carry us through this midweek. First, we’re going to circle back to the longer-term ADBE 07/18 $380 Calls that we signaled on Monday, to see the move those made over the ensuing couple of sessions:

ADBE 07/18 $380 Calls
$380: 5.26-10.74 (+104%)

Fresh Options Ideas:
CAG Weekly $20.50-21 Calls
SPY 07/09 $621-622 Calls*

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

Extended Watchlist:
CLDI, SUGP, SCAG, BMGL, KZIA, PROK, SOBR, SLXN, GAME, MBIO, SBET

Tuesday’s Runners, 3 Fresh Ideas

Tuesday Recap:

We made some good calls in our premarket report for Wednesday’s session, keeping a good trend of winners that has been going for a few weeks now. It almost seems trivial to track our runs of success after the last one persisted for a whole quarter, but we definitely have been staying on top of things.

Our three possible targets for Wednesday were the DG Weekly $105-107 Calls, the CRDO 06/20 $75 Calls, and the SIG Weekly $76-78 Calls. These were the solid opportunities they provided:

DG Weekly $105-107 Calls
$105: 3.11-8.56 (+175%)
$106: 3.85-7.41 (+77%)
$107: 2.59-6.72 (+159%)
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CRDO 06/20 $75 Calls
$75: 5.30-7.56 (+43%)
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SIG Weekly $76-78 Calls
$76: ..31-1.24 (+300%)
$77: .65-1.38 (+112%)
$78: .43-1.05 (+144%)

Fresh Options Ideas:
DLTR Weekly $96-95 Puts
HPE Weekly $18.50-19 Calls
CWRD Weekly $155-157.50 Calls

Extended Watchlist:
KWM, BAOS, STSS, MCTR, NCEW, SBET, SGMT, TTGT, VCIG

Solid Runner Recap, 3 New Chances

Thursday Recap:

Things went very well for us on Thursday, after we hashed out four possible options targets in our premarket report. We have enjoyed some really nice activity off of our options ideas this week, and yesterday was no exception to that. All of our ideas panned out pretty well.

We had the SPY 05/29 $591-593 Calls, the BURL Weekly $255-257.50 Calls, the VEEV Weekly $260-270 Calls, and the NVDA Weekly $140-142 Calls on our daily watchlist and these were the numbers they put up:

SPY 05/29 $591-593 Calls
$591: 1.67-2.92 (+75%)
$592: 1.41-2.44 (+73%)
$593: 1.16-2.03 (+75%)
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BURL Weekly $255-257.50 Calls
$255: .05-.29 (+480%)
$257.50: .06-.22 (+266%)
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VEEV Weekly $260-270 Calls
$260: 12.25-28.00 (+129%)
$270: 9.61-19.55 (+103%)
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NVDA Weekly $140-142 Calls
$140: 1.78-2.99 (+68%)
$141: .50-.85 (+70%)
$142: .31-.55 (+77%)

Fresh Options Ideas:
MRVL Weekly $63-61 Puts
GAP Weekly $25-24 Puts
COO 06/20 $75-70 Puts

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

Sharplink Gaming Ltd. (NASDAQ:SBET) – Recap:

We first tagged SBET on Tuesday morning, and on that day we saw a low of 27.23 in the stock, which, as of this morning has traded for as high as 121.00. That’s an amazing increase of 344%

Extended Watchlist:
ECDA, BURU, AI, LZMH, IMCR, MRUS, EVKRF, TWOH

Hot Start to 4-Day Week, 5 Fresh Ideas

Tuesday’s Movers:

We kicked off this holiday-shortened 4-day trading week in good form on Tuesday, with our premarket report containing three potential options targets, all of which displayed some measure of success on the session. The SPY continues to be our favorite instrument when it comes to taking advantage of market volatility, and that proved out once again yesterday, with some massive gain chances coming from that idea.

We had the SPY 05/27 $584-586 Calls, the OKLO Weekly $49-50 Calls and the DJT Weekly $27-28 Calls on watch. These were their best runs of the day:

SPY 05/27 $584-586 Calls
$584: 1.99-7.44 (+274%)
$585: 1.44-6.56 (+356%)
$586: 1.04-5.56 (+437%)
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OKLO Weekly $49-50 Calls
$49: 1.80-6.20 (+234%)
$49.50: 1.75-5.85 (+234%)
$50: 1.50-5.50 (+266%)
_____

DJT Weekly $27-28 Calls
$27: .25-.40 (+60%)
$27.50: .19-.31 (+63%)
$28: .40-.63 (+57%)

Fresh Options Ideas:
DKS Weekly $177.50-180 Calls
BOX 06/20 $35 Calls
M Weekly $12.50 Calls
OKTA Weekly $112-110 Puts
SPY 05/28 $590-591 Calls

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

Extended Watchlist:
PONY, SBET, WRD, RXRX, LUNR, LFST

Options Review, 3 Possible Plays for Tuesday

Recapping Monday’s Moves:

We were off to a decent start of the week yesterday, despite having no interesting earnings reporters to fuel the ideas in our premarket report for the day. We rounded up three targets, and saw opportunities early on in the session in each one. We’re looking at a similar situation today with just a pair of notable earnings reporters.

As for yesterday’s ideas, here’s how the SPY 03/31 $551-549 Puts, the NVDA Weekly $107-106 Puts, and the TSLA Weekly $252.50-250 Puts fared:

SPY 03/31 $551-549 Puts
$551: .60-1.25 (+108%)
$549: .42-.90 (+114%)
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NVDA Weekly $107-106 Puts
$107: 3.45-4.82 (+40%)
$106: 2.98-4.20 (+41%)
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TSLA Weekly $252.50-250 Puts
$252.50: 12.11-15.63 (+29%)
$250: 10.85-14.21 (+31%)

Fresh Options Ideas:
PVH 04/17 $75 Calls
PRGS 04/17 $55-57.50 Calls
TSLA Weekly $260-262.50 Calls

iCoreConnect, Inc. (NASDAQ:ICCT) – Recap:

We had an interest play jump off of yesterday’s extended watchlist in ICCT, which ended up being one of the NASDAQ’s top gainers for the session. The stock saw a low of .576 yesterday and has changed hands for as much as 3.54 here in the premarket today. That’s an overnight rise of 514%

Extended Watchlist:
BIAF, RSLS, ICCT, MLGO, CMPX, MVST, SBET