SLXN Archives - Blue Horseshoe Stocks

Tuesday’s Runners, 5 New Potential Targets

Tuesday’s Activity:

We cast a fairly narrow net with regard to our options ideas for Tuesday’s premarket report, in which we included a small slate of just three ideas. The gains from two of those three were slightly muted compared to what we’re typically after, but our SPY targets saved the day once again with some really impressive moves. It’s easily our most frequented stop on our daily options adventures, for that very good reason.

Yesterday’s results for the SPY 05/19 $736-735 Puts, the BEKE Weekly $17.50 Calls, and the HD Weekly $297.50 Puts, were as follows:

SPY 05/19 $736-735 Puts
$736: .41-3.38 (+724%)
$735: .22-2.36 (+972%)
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BEKE Weekly $17.50 Calls
$17.50: 1.40-1.85 (+32%)
_____

HD Weekly $297.50 Puts
$297.50: 2.82-3.50 (+24%)

Fresh Options Ideas:
SPY 05/20 $735-737 Calls
KEYS 06/18 $340-330 Puts
TOL Weekly $125-130 Calls
LOW Weekly $212.50-215 Calls
TJX Weekly $155-157.50 Calls

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

Extended Watchlist:
SLXN, GCL, JUNS, MWC, CAPS, PHGE, RKDA, PETZ, IMVT, GDC, HAO, GDC

Big Midweek Movers, 3 Fresh Plays

Wednesday’s Runners:

Wednesday turned out to be another excellent day for us, with the entire slate of options ideas we put forth in our premarket report for the morning yielding chances for big gains. We were looking at strike ranges in four options chains, and were not disappointed with the results.

We were zeroed in on the SPY 09/10 $653-654 Calls, the ORCL Weekly $315-320 Calls, the SNPS Weekly $470-450 Puts, and the GME Weekly $25-26 Calls. Here were the best intraday runs from those ideas:

SPY 09/10 $653-654 Calls
$653: .91-1.94 (+113%)
$654: .48-1.19 (+148%)
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ORCL Weekly $315-320 Calls
$315: 8.08-31.97 (+296%)
$317.50: 6.95-29.61 (+326%)
$320: 5.80-27.79 (+379%)
_____

SNPS Weekly $470-450 Puts
$470: 44.46-73.85 (+66%)
$460: 37.67-77.50 (+106%)
$450: 29.24-65.03 (+122%)
_____

GME Weekly $25-26 Calls
$25: .30-.81 (+170%)
$25.50: .19-.55 (+189%)
$26: .12-.37 (+209%)

Fresh Options Ideas:
SPY 09/11 $653-654 Calls*
OXM 09/19 $45-50 Calls
KR Weekly $86 Calls

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

Extended Watchlist:
SLXN, MOGU, VNCE, YYGH, TGL, AMST, WHLR, OPEN, TWG, MAZE, WLDS

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

Massive SPY Moves, 4 New Options Ideas

Huge Gainers from Tuesday:

We kept the momentum going on our 7+ week streak in a big way yesterday. For our premarket report, we slated four potential plays, and not only did all four produce good intraday gains, but we even uncovered our biggest gainers of the year in there! Things really could not have gone better for our daily SPY Puts.

Our full board consisted of the GTLB Weekly $54-52 Puts, the –NVDA Weekly $111-109 Puts, the SPY 03/04 $582-580 Puts, and the OKTA Weekly $97-99 Calls. Here were the best moves registered by each of them on the day:

GTLB Weekly $54-52 Puts
$54: .47-.76 (+62%)
$53: .30-.50 (+67%)
$52: .22-.37 (+68%)
_____

NVDA Weekly $111-109 Puts
$111: .82-2.04 (+149%)
$110: .67-1.79 (+167%)
$109: .55-1.53 (+178%)
_____

SPY 03/04 $582-580 Puts
$582: .23-7.22 (+3039%)
$581: .11-6.07 (+5418%)
$580: .07-5.27 (+7428%)
_____

OKTA Weekly $97-99 Calls
$97: 3.40-10.77 (+217%)
$98: 2.85-10.70 (+275%)
$99: 2.49-9.49 (+281%)

Fresh Options Ideas:
ANF Weekly $99-98 Puts
BOX 03/21 $33-31 Puts
CPB Weekly $39-38 Puts
CRWD Weekly $367.50-362.50 Puts

Extended Watchlist:
CMRX, CYCU, ZRBB, AGH, SLXN, ADTX, BTAI

Monday’s Movers, 3 New Possibilities

Monday’s Solid Start:

We put together another solid premarket report yesterday, containing a pair of potential plays that turned in a pretty good ticket on the day. The markets got off to a choppy start for the week and it played into our bearish hands nicely. We are expecting something of a turnaround today so we’ll be hopping over to the bullish side of the fence for today’s targets.

As for yesterday’s couple of ideas, here were the intraday upswings we saw from the NVDA Weekly $127-125 Puts, and the SOFI Weekly $16-15.50 Puts:

NVDA Weekly $127-125 Puts
$127: 4.08-11.87 (+191%)
$126: 3.73-11.12 (+198%)
$125: 3.22-10.37 (+222%)
_____

SOFI Weekly $16-15.50 Puts
$16: .49-.64 (+31%)
$15.50: .26-.38 (+46%)

Fresh Options Ideas:
NVDA Weekly $121-123 Calls
RCL Weekly $245-250 Calls
RTX Weekly $129-131 Calls

Extended Watchlist:
TRIB, BACK, HEPA, YIBO, ZKIN, TC, CDT, ALLK, SLXN, PHIO