Tag: SHPH

Excellent Finish to a Great Trading Week

Yesterday’s Big Movers:

We’re pleased to be able to finish out the week on yet another clean sweep of options plays. The targets we marked in yesterday morning’s report were a mixed bag of weekly and longer-term plays, as well as a mix of bullish and bearish ideas. In each and every case, we saw some very nice intraday activity which could have facilitated some serious gains.

Our daily interests were the NVDA Weekly $385-395 Calls, the SPLK Weekly $103-105 Calls, the NTNX 06/16 $30 Calls, the DLTR Weekly $138-136 Puts and the BBY Weekly $71-73 Calls. We didn’t miss on a single target, carrying us into the long holiday weekend on an very high note. Here’s how our plays for yesterday did in terms of total possible profits for traders:

NVDA Weekly $385-395 Calls
$385: 4.44-12.68 (+186%)
$387.50: 3.68-11.09 (+201%)
$390: 2.91-9.60 (+230%)
$392.50: 2.41-8.20 (+240%)
$395: 1.91-7.00 (+266%)
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SPLK Weekly $103-105 Calls
$103: .67-1.65 (+146%)
$104: .37-1.23 (+232%)
$105: .19-.86 (+352%)
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NTNX 06/16 $30 Calls
$30: .50-1.05 (+110%)
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DLTR Weekly $138-136 Puts
$138: .50-2.02 (+304%)
$137: .34-1.64 (+382%)
$136: .30-.87 (+190%)
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BBY Weekly $71-73 Calls
$71: .44-.95 (+116%)
$72: .20-.48 (+140%)
$73: .09-.20 (+122%)

Fresh Options Ideas:
PDD Weekly $66-69 Calls*
ULTA Weekly $445-435 Puts*
MRVL Weekly $57-58 Calls*
WDAY Weekly $212.50-217.50 Calls*

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

Extended Watchlist:
ELEV, SFR, EFTR, SHPH, ONFO, ONCR, QH, CNNA, VPLM

SPY Cooks Again, Fresh Plays

Options Reviews:

Our primary mover of the day yesterday involved the SPY Calls that we signaled in yesterday morning’s premarket report. It was the second straight session in a row wherein the markets have put together extremely bullish performances, and that led to some serious gains in the targets we were tracking.

Those potential-filled plays were the SPY 10/05 $370-372 Calls which put forth some very solid daily runs for us. We also want to circle back for the FTNT 10/21 $45-50 Calls, which we slated for observation on Monday morning. Those too have produced notable gains so far as we head through this midweek. The trading ranges and potential gains on these plays have been as follows:

SPY 10/05 $370-372 Calls
$370: 4.28-8.53 (+99%)
$371: 3.66-7.55 (+106%)
$372: 3.08-6.75 (+119%)
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FTNT 10/21 $45-50 Calls
$45: 4.59-8.15 (+78%)
$50: 1.60-4.00 (+150%)

Fresh Options Ideas:
HELE 10/21 $95-85 Puts
RPM 10/21 $90-95 Calls
CAT 11/04 $180-185 Calls

Applied Minerals Inc. AMNL – OTC Recap:

Just for a quick update on a stock that performed very well off of yesterday morning’s extended watchlist. AMNL saw a low of .0091 on the day before surging as high as .02, which works out to a v ery respectable gain of 120%

Extended Watchlist:
SMME, LEAS, MMMM, CRYM, NSAV, PEGY, VEV, AGFY, KITT, SHPH, BNGO

Going Bearish on Options Targets, GEGI Update

Note on Wednesday’s Absence:

We wanted to start out this morning by apologizing to our readers for being unable to deliver a newsletter for yesterday’s session due to an unfortunate technical issue with the internet at our office. In the history of our archive site bluehorshoestocks.com, which stretches back over 11 years, one could count the number of trading days we’ve missed on one hand, so you can rest assured that this is not a typical occurrence! At any rate, we’re back online and ready to keep chugging along as we head into the upcoming long weekend.

First off, our top runner from where we left off on Tuesday morning turned out to be the BBY Weekly $74 Calls, which subsequently made a move from 2.40-5.70 (+138%). As for getting back on track today, we’ve got some big name earnings reporters from a variety of sectors for potential trades.

Fresh Options Ideas:
MDB Weekly $280-275 Puts
OKTA Weekly $78-75 Puts
CIEN 09/16 $55-45 Puts
SPY 09/02 $395-393 Puts

Genesis Electronics Group, Inc. GEGI – OTC Update:

We’ve been tracking GEGI for quite some time, having tagged it in our daily watchlists five times in the month of August alone, and stretching back to early July when we caught it trading as low as .0018. Yesterday the stock hit a new all-time high of .0197, which marks an amazing overall increase of 994% making it one of the hottest OTC plays we’ve track all summer long.

Even if someone had only caught our most recent alert on GEGI on the morning of August 24th when GEGI was trading at .008, the stock still recorded a rapid run of 146%

Extended Watchlist:
DVLP, BYOC, TONR, CFSX, RXMD, VPER, KYNC, BGXX, HPCO, SHPH, GFAI, CMRA, JZ