SNX Archives - Blue Horseshoe Stocks

Thursday’s Runners, 4 New Potential Targets

Options Review:

We didn’t see anything too crazy yesterday in the way of huge gain chances like we did in the previous session, but we still managed to root out a trio of potential plays for our premarket report that logged some level of upswing on the day.

Our watchlist contained the SNX 04/17 $110-105 Puts, the VRNT 04/17 $20 Puts, and the JEF 04/17 $57.50-55 Puts. We typically like to look for weekly contracts that expire on Friday, but occasionally we’ll have to highlight longer-term plays, which we can also continue to track past their initial moves. For yesterday’s list, here were those initial moves:

SNX 04/17 $110-105 Puts
$110: 6.80-10.20 (+50%)
$105: 1.99-2.21 (+11%)
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VRNT 04/17 $20 Puts
$20: 1.00-1.95 (+95%)
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JEF 04/17 $57.50-55 Puts
$57.50: 2.30-3.40 (+48%)
$55: 1.25-2.70 (+116%)

Fresh Options Ideas:
SPY 03/28 $567-566 Puts*
AVGO 04/17 $175 Calls
LULU Weekly $ 310-302.50 Puts*
BRZE 04/17 $42.50 Calls

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

Extended Watchlist:
LXRX, TWG, RNAZ, PRTG, WIMI, DBVT, MLGO, NVNI

Wednesday’s Big Wins, 3-Pack of New Ideas

Wednesday’s Big Gainers:

Despite the markets taking a nosedive yesterday, all four of the bullish options trading ideas we hashed out for our premarket report produced big moves on the day. It added another day to our immense streak of winning ideas, with our earnings reporters all bucking the trend at some point.

We had the GME Weekly $28-29 Calls, the DLTR Weekly $69-70 Calls, the CHWY Weekly $34.50-35.50 Calls and the CTAS Weekly $200-202.50 Calls on watch, and they came up with the following ranges and total possible gains on the session:

GME Weekly $28-29 Calls
$28: .70-2.10 (+200%)
$28.50: .57-1.75 (+207%)
$29: .45-1.47 (+227%)
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DLTR Weekly $69-70 Calls
$69: .54-4.75 (+780%)
$70: .35-4.00 (+1042%)
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CHWY Weekly $34.50-35.50 Calls
$34.50: .15-.74 (+393%)
$35: .05-.51 (+920%)
$35.50:.04-.34 (+750%)
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CTAS Weekly $200-202.50 Calls
$200: 6.20-12.55 (+102%)
$202.50: 4.30-10.00 (+133%)

Fresh Options Ideas:
SNX 04/17 $110-105 Puts
VRNT 04/17 $20 Puts
JEF 04/17 $57.50-55 Puts

Extended Watchlist:
LYT, DMN, OCEA, GTEC, TDTH, ASST, VVPR, PSTV, RGLS, WKSP

Tuesday’s Movers, 4 New Ideas

Recapping Tuesday’s Plays:

Things went pretty well for us on Tuesday, with most of the potential targets we outlined in our premarket report for the day yielding significant intraday gain opportunities. Three out of our four total ideas registered big moves, while the July YELP Calls we highlighted needed a bit more time to come to fruition.

Our big movers for the day were the EPAC 07/19 $35 Puts, the SNX 07/19 $120-115 Puts, and the NVDA Weekly $119-121 Calls. These were the sorts of upswings they displayed on the session:

EPAC 07/19 $35 Puts
$35: 2.82-3.95 (+40%)
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SNX 07/19 $120-115 Puts
$120: 1.56-4.39 (+181%)
$115: .50-1.85 (+270%)
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NVDA Weekly $119-121 Calls
$119: 3.61-8.04 (+123%)
$120: 3.25-7.15 (+120%)
$121: 2.84-6.35 (+124%)

Fresh Options Ideas:
NVDA Weekly $127-129 Calls
RIVN Weekly $15.50-17 Calls
FDX Weekly $290-295 Calls
GIS Weekly $65-63 Puts

Extended Watchlist:
WENA, OPTX, AIEV, CHNR, VLCN, BIOL, PPCB

Monday’s Strong Showing, 4-Pack of New Targets

A Great Start to the Week:

We kicked off the fresh trading week in good form yesterday, with the options ideas we formulated for our premarket report on Monday producing significant intraday upswings. We had just three fresh ideas to start of the week, and all three of them returned positive single-session moves for us.

We had targeted the ADBE Weekly $527.50-532.50 Calls, the SPY 06/24 $544-545 Calls, and the ALNY 07/19 $220-230 Calls, and these were the numbers we got out of those calls for Monday:

ADBE Weekly $527.50-532.50 Calls
$527.50: 6.86-8.85 (+29%)
$530: 6.39-8.50 (+33%)
$532.50: 5.15-7.00 (+36%)
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SPY 06/24 $544-545 Calls
$544: .88-3.15 (+258%)
$545: .47-2.30 (+389%)
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ALNY 07/19 $220-230 Calls
$220: 6.65-16.95 (+155%)
$230: 3.68-11.00 (+199%)

Fresh Options Ideas:
EPAC 07/19 $35 Puts
SNX 07/19 $120-115 Puts
NVDA Weekly $119-121 Calls
YELP 07/19 $39-40 Calls

Extended Watchlist:
GLYC, NCPL, SNTI, RGS, KAVL, VLCN, ACON

Big Moves Thursday, 6-Pack of Fresh Plays

Wrapping Up a Great Trading Week:

This has been one heck of an options trading week for us. With plenty of earnings reporters to take advantage of, we have been knocking homers out of the park daily, and yesterday was no exception. We floated five potential plays in our premarket report, and the four with their expiration set for today produced big intraday moves. We’ll also have a nice big slate with both quick-strike, and longer-term interests for today, so it should be an interest close to a fantastic trading week.

Yesterday’s movers and shakers were the META Weekly $290-285 Puts, the IBM Weekly $137-139 Calls, the NOW Weekly $547.50-555 Calls, and the BMY Weekly $55-53 Puts, and here were the types of intraday moves they made, and the total possible gains those presented:

META Weekly $290-285 Puts
$290: 1.60-11.55 (+692%)
$287.50: 2.45-9.58 (+291%)
$285: 2.02-7.75 (+284%)
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IBM Weekly $137-139 Calls
$137: 4.65-7.30 (+57%)
$138: 3.90-6.40 (+64%)
$139: 3.05-5.27 (+73%)
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NOW Weekly $547.50-555 Calls
$547.50: 19.47-32.10 (+65%)
$550: 12.02-27.30 (+127%)
$552.50: 11.72-23.50 (+101%)
$555: 10.18-24.00 (+136%)
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BMY Weekly $55-53 Puts
$55: .36-1.91 (+431%)
$54: .10-1.02 (+920%)
$53: .04-.36 (+800%)

Fresh Options Ideas:
AMZN Weekly $123-126 Calls*
INTC Weekly $34-35 Calls*
CVX Weekly $155-150 Puts*
SPY 10/27 $413-414*
SNY 11/17 $50-45 Puts
SNX 11/17 $90 Calls

*Please use caution when trading options contracts on their expiration date. It should only be attempted by experienced traders.

Extended Watchlist
APLM, ICU, ABVC, BKYI, YCRM, PDPG, CYDY,