SPY Archives - Page 147 of 181 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: PIR Run Continues & More

Pier 1 Imports, Inc. PIR

We began tracking Pier 1 toward the end of last month on the 27th. At the time, the stock was trading for as little as 3.92/share.

The performance it has put together over the last three-plus weeks has been nothing short of astonishing. Ignoring all market trends, the stock has been in a near-continual uptrend, which culminated at a new high of 14.64 yesterday. That represents an excellent 273% increase inside of a month!

Weatherford International plc WFTIQ

Speaking of recent stock calls we’ve made that have enjoyed impressive performances, we wanted to update readers on the status of WFTIQ in recent weeks.

We initially alerted WFTIQ a couple of weeks ago on September 10th. We caught this one at a low of .0198, and it has now run to an even .04. That’s a two-week upswing of 102%

Fresh Options Ideas:
NKE Weekly $89-91 Calls
SPY Weekly $296-297 Calls

Extended Watchlist: MPC, IRIX, OGEN,

Blue Horseshoe Stocks: EROS Update & More

Eros International Plc. EROS

We revisited EROS yesterday morning, just under one month following our August 21st report, mentioning its recent run which began from a low of 1.20.

The stock was moving in the premarket in the wake of a news announcement placing the company in partnership with Microsoft. We felt the news had a chance to carry the stock even higher than we had seen it run already, and that’s just what yesterday’s session brought.

EROS ran to a new high of 3.92, which marked an overall increase of 227% over our observed low roughly three weeks ago. The performance was also good enough to land the stock in the #1 slot on the NASDAQ daily top gainers list.

Fresh Options Idea:
Overstock.com, Inc. OSTK 10/04 $15.50-16 Calls
SPDR S&P 500 (ETF) SPY Weekly $299.50-300 Calls*

*Please do not attempt to speculate with weekly options on a Friday unless you are an expert level trader with access to disposable funds!

Extended Watchlist:
NXGB, HDB, VEDL, PLAN, FNSR, CRC, MDR, SCS

Blue Horseshoe Stocks: Fresh Options Plays

MasterCraft Boat Holdings, Inc. MCFT – Fresh Idea
–
We’ve picked up on a very interesting chart shape in Mastercraft this morning. The stock was well on its way to a solid recovery after bouncing off of its bottom at the end of last month. Despite the company’s earnings beat yesterday, the stock saw a gap-down followed by another bottom bounce.

We are interested in tracking the MCFT 10/18 $15-17.50 Calls in the weeks ahead, which will work out quite nicely if the stock manages another rebound similar to the one it exhibited in recent weeks.

Overstock.com Inc OSTK – Recap

The last time we tagged OSTK was a couple of weeks ago, on the morning of August 27th. We had scored some solid opportunities with short-term options in its chain the week before, but that report was a simple tag on the stock itself.

Subsequent to that highlight of OSTK, the stock saw a low of 14.72. That was followed by seven consecutive bull sessions by the stock, including yesterday’s which sent OSTK to a new high 27.38. That works out to an upswing of 86% in the month of September alone.

Fresh Options Idea:
SPY Weekly $301-302.50 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!

Extended Watchlist:
v

Blue Horseshoe Stocks: Recent Big Winners

SUCCESSFUL OPTIONS REVIEW

If you’ve been following our work for a long time, you have no doubt noticed a change over the years. From mainly OTC picks and the occasional big board play, to our present state. We still highlight pure stock plays when the situation calls for it, but the bulk of what makes us so accurate and successful is most definitely our knack for quick-strike options trading.

On Friday, both of our fresh ideas popped off for huge gains, and play that we were tracking through the short week also added to its gains. We’ll outline the total possible profits from each of those trade ideas to start this new trading week:

SPY Weekly $298-299 Calls
$215 Calls – Range: .45-.97 – Max Gain: 116%
$217.50 Calls – Range: .29-.63 – Max Gain: 117%
$220 Calls – Range: .17-.38 – Max Gain: 124%

LULU Weekly $197.50-200 Calls
$220 Calls – Range: 2.50-7.00 – Max Gain: 180%
$222.50 Calls – Range: .85-.4.66 – Max Gain: 448%

_____

PVH Corp. PVH

We were discussing PVH for half of the short week beginning on Tuesday with our signal on the PVH 09/20 $75-85 Calls on Wednesday morning, and the movement in the stock allowed additional gains throughout the week. Here are the updated figures of the maximum possible profits off of those ideas:

$75 Calls – Range: 5.10-11.10 – Max Gain: 118%
$80 Calls – Range: 2.00-6.50 – Max Gain: 250%
$85 Calls – Range: .55-2.90 – Max Gain: 427%

____

Fresh Options Idea:
CARB 10/18 $17.50 Calls

Pier 1 Imports Inc. PIR

We also want to provide a quick recap of the performance of PIR since we called it as a bottom-watch play a little over two weeks ago on August 23rd. We went so far as to say “From current pricing, it would not be crazy to think that this retail stock may be capable of doubling”.

The following day the stock saw a low of 3.76, and hasn’t looked back since. On Friday it hit a new high of 7.20, falling just shy of our possibility assessment with a total increase of 91% over the past couple of weeks.

Extended Watchlist:
DMPI, KTOV, FCEL, ADAP, SFET, NSSC

Blue Horseshoe Stocks: PANW Pops & More

Palo Alto Networks, Inc. PANW

Fresh for yesterday’s morning report, we offered up an idea for the PANW chain, the PANW Weekly $215-222.50 Calls. With the aid of an excellent session for the markets as a whole, PANW went with the trend and produced enough intraday movement to provide us with significant single-session gain opportunities.

Here were the maximum possible gains that were on the table for the day, which were, quite frankly, very impressive:

$215 Calls – Range: .20-2.06 – Max Gain: 930%
$217.50 Calls – Range: .15-1.05 – Max Gain: 600%
$220 Calls – Range: .06-.38 – Max Gain: 533%
$222.50 Calls – Range: .06-.20 – Max Gain: 233%

_____

PVH Corp. PVH

Our next order of business as we close out this holiday-shortened week is to provide further updates on PVH. We scored multi-bag gains with all three of our highlighted contracts, the PVH 09/20 $75-85 Calls on Wednesday, and cautioned readers that more gains could be on the way in yesterday’s report.

That’s exactly what occurred, so this morning we are updating the highs on our ideas, which extend the total possible profits over a two-day span by a significant margin.

$75 Calls – Range: 5.10-9.89 – Max Gain: 94%
$80 Calls – Range: 2.00-5.60 – Max Gain: 180%
$85 Calls – Range: .55-2.49 – Max Gain: 353%

Fresh Options Idea:
SPY Weekly $298-299 Calls*
LULU Weekly $197.50-200 Calls

*Please don’t attempt to trade options with a weekly expiration on Fridays unless you are an advanced level trader with access to disposable funds!

Extended Watchlist:
MNK, FRO, GCO