SLNO Archives - Blue Horseshoe Stocks

Monday’s Movers, Trio of New Potential Plays

Good Start to the Week:

We got off to a pretty good start for the fresh trading week yesterday morning. We offered up a slate of four possible options trading targets in yesterday’s premarket report that produced some solid results for us. All four made some measure of a move, with the SPY once again being our safest bet, and yielding multibag gain opportunities.

Our full slate consisted of the SPY 04/06 $655-657 Calls, the MU Weekly $375-380 Calls, the NVDA Weekly $177.50 Calls, and the SLNO 04/17 $50 Calls. The best moves they managed on the day were as follows:

SPY 04/06 $655-657 Calls
$655: 1.67-3.92 (+135%)
$656: 1.00-3.00 (+200%)
$657: .50-2.00 (+300%)
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MU Weekly $375-380 Calls
$375: 11.63-19.50 (+68%)
$377.50: 10.40-18.28 (+76%)
$380: 9.26-16.68 (+80%)
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NVDA Weekly $177.50 Calls
$177.50: 1.31-1.97 (+50%)
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SLNO 04/17 $50 Calls
$50: 2.20-2.60 (+18%)

Fresh Options Ideas:
SPY 04/07 $657-656 Puts*
TSLA Weekly $350 Puts
QQQ Weekly $586-585 Puts

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader

Extended Watchlist:
CUPR, TBH, KPRX, EHTH, MGN, MOVE, MIGI, ANIX, UUU, NRDS, HCAI, IPST, RDGT

Thursday’s Runners, 4 Fresh Ideas

Thursday’s Movers:

We wrapped up the holiday-shortened trading week on Thursday morning with a premarket report that included a slate of three possible options plays. We ended things on a high note for what was already quite a solid performance for the week when all three produced excellent upswings for the session.

We were looking at the SPY 04/02 $647-645 Puts, the AYI Weekly $280 Puts, and the MU Weekly $360-357.50 Puts. These were the most significant swings of their trading day on Thursday:

SPY 04/02 $647-645 Puts
$647: .28-.60 (+114%)
$646: .22-.51 (+132%)
$645: .20-.43 (+115%)
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AYI Weekly $280 Puts
$280: 9.10-16.40 (+80%)
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MU Weekly $360-357.50 Puts
$360: 1.76-4.03 (+129%)
$357.50: 1.11-2.78 (+150%)

Fresh Options Ideas:
SPY 04/06 $655-657 Calls*
MU Weekly $375-380 Calls
NVDA Weekly $177.50 Calls
SLNO 04/17 $50 Calls

*Do not attempt to trade options contracts on the day of expiration unless you are an experienced trader

Extended Watchlist:
IOTR, BTBD, AKTX, ADTX, CDTG, LZM, AIXI, AIB, WBUY, SLNO PFSA, FCUV

Wednesday’s 5000% Rippers, SIX New Ideas

5000% Runners on Wednesday!

We really got things back on track yesterday after a fairly lackluster outing on Tuesday. We hashed out a trio of potential option plays, and not only did we see intraday gains from all of them, but there were even a pair of FIVE THOUSAND PERCENT gainers on the board!

Our interests on the day were the, the, and the. It was our SPY Calls that absolutely ripped through the stratosphere and registered those incredible intraday moves. Those aren’t the biggest single session gainers we’ve had in 2023, but they are definitely high up on our list of successful picks. Here’s how it all broke down on Wednesday:

SPY 09/27 $426-427 Calls
$426: .03-1.67 (+5467%)
$427: .02-1.06 (+5200%)
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MLKN 10/20 $22.50 Calls
$22.50: 1.50-3.50 (+133%)
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COST Weekly $545-540 Puts
$545: .37-.85 (+130%)
$542.50: .29-.61 (+110%)
$540: .21-48 (+129%)

Fresh Options Ideas:
SPY 09/28 $426-427 Calls
KMX Weekly $73-71 Puts
JBL 10/20 $105-115 Calls
ACN Weekly $302.50-297.50 Puts
MU Weekly $65-66.50 Calls
PTON 10/20 $5.50-6 Calls

Extended Watchlist:
BNOX, INPX, BXRX, GRTS, CHS, PTON, SLNO, SFLM, PNXLF, IMTL, GEMZ, GEGI

Good Start to the Week, 5 New Ideas

Good Start to the Week:

We had just a pair of fresh options possibilities in yesterday morning’s premarket report, but we managed to see some decent moves out of those. Today’s slate of potential plays will be a lot beefier, with a mix of technical setup ideas as well as a handful of big name earnings reporters.

As for yesterday’s movers, we had the TSLA Weekly $245-242.50 Puts and the NVDA Weekly $420-410 Puts on our radar and these were the numbers they put up on the session:

TSLA Weekly $245-242.50 Puts
$245: 4.70-5.95 (+27%)
$242.50: 3.74-4.80 (+28%)
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NVDA Weekly $420-410 Puts
$420: 5.95-9.20 (+55%)
$415: 4.25-6.90 (+62%)
$410: 3.00-5.00 (+67%)

Fresh Options Ideas:
FERG 10/20 $155-160 Calls
UNFI 10/20 $15 Puts
THO 10/20 $90 Puts
PM 10/27 $94-95 Calls
MORF 11/17 $25 Calls

TransCode Therapeutics Inc. (NASDAQ:RNAZ) – Recap:

We also have an update on RNAZ which has made quite the move following our tag of the stock in last Wednesday’s extended watchlist. From a low of .56, RNAZ shot up to an impressive new high of 3.20 yesterday. That represents an increase of 471%

Extended Watchlist:
SLNO, AVTX, THAR, IMVT, IFBD, BFRG, PRSO, STSS, WOWI, APLIF, GVXXF

SMAR Options Review, Fresh Ideas

Smartsheet, Inc. SMAR – Options Review:

First off, we’d just like to apologize for the lack of a premarket report on Friday. An untimely power outage prevented us from getting anything out to readers in time for the market open. In the past dozen years, we have missed maybe five trading days, if that, so it’s not something one should expect to see repeated anytime soon.

In the meantime, we did see some new highs in the SMAR 12/16 $35-40 Calls prior to their expiration at week’s end, which we wanted to report back on today before kicking off a fresh trading week. We have been tracking these calls since December 2nd, and here are the figures and total possible profits we witnessed over that span of roughly two weeks:

SMAR 12/16 $35-40 Calls
$35: 1.55-7.50 (+384%)
$40: .34-2.65 (+679%)

Fresh Options Ideas:
SPY 12/19 $383-384 Calls
SHOP 01/06 $36.50-37.50 Calls
AAPL 01/06 $139-141 Calls

OTC Recaps:

We’ve also got a couple of quick updates on the recent performance of a couple of the OTC plays we’ve tagged in our extended watchlists. When we left off on Thursday, we had been tracking both of these stocks for a week.

Global Developments, Inc. GDVM
Alerted: December 8th
Range: .0366-.0611 (+67%)

Performance Drink Group, Inc. PDPG
Alerted: December 8th
Range: .007-.016 (+129%)

Extended Watchlist:
CEI, MDGL, AGFY, SLNO, QUMU, HEXO, IPHA, STRY, BIEI, ZRFY, HNRC, UATG