Blue Horseshoe Stocks: SPY Explodes

SPDR S&P500 (ETF) SPY – Options Update

We have got a very brief update for today’s newsletter concerning our fresh options trading idea from yesterday morning in the SPY Chain. We cautioned readers that after Friday’s market sell-off, we looked to be in line for a  ‘dead-cat bounce’ for stocks, and that is exactly what occurred.

Our idea was to track the SPY Weekly $287-288.50 Calls as the markets reversed, and not only did we get the rebound we were after, but the gains persisted throughout the entirety of the session.

That made for some truly spectacular profit possibilities, especially the $288 Calls, which produced an epic intraday upswing: 

SPY Weekly $287-288.50 Calls
$287 Calls – Range: .17-1.35 – Max Gain: 694%
$287.50 Calls – Range: .05-.91 – Max Gain: 1720%
$288 Calls – Range: .01-.43 – Max Gain: 4200%
$288.50 Calls – Range: .01-.07 – Max Gain: 600%
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Updated Idea: 
We would like to update this SPY idea to stay close to the action, and will be tracking the
SPY 08/28 $288.50-290.50 Calls through today and into tomorrow.


Extended Watchlist:
USLV, PZZA, TNXP, JNJ, PIR, OSTK

Blue Horseshoe Stocks: Fresh SPY Calls

Foot Locker, Inc. FL

We had a group of options ideas lined up on Friday, and then the bottom proceeded to fall out of the markets, rendering our bearish idea for FL the main attraction for the day.

We designated the Foot Locker FL $38-36.50 Puts as our items of interest, and the intraday activity was good for the following gain opportunities.

Foot Locker FL $38-36.50 Puts 
$38 Puts – Range: 1.30-4.20 – Max Gain: 223%
$37.50 Puts – Range: 1.10-3.10 – Max Gain: 182%
$37 Puts – Range: .85-3.10 – Max Gain: 265%
$36.50 Puts – Range: .75-2.80 – Max Gain: 273%

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Fresh Options Idea: 
Speaking of the market sell-off, it appears as if we may experience a dead-cat bounce today,  and we will will have some SPY ideas ready for that possibility. We’ll track the
SPY Weekly $287-288.50 Calls
to kick things off this week. 


PaperFree Medical Solutions, Inc. PFMSWe also want to provide a brief recap of a solid OTC call we had from earlier last week. We placed PFMS on watch in our premarket report on Tuesday, and the stock has posted quite a move over the ensuing four sessions.

From a low of .0029 on Tuesday, PFMS shot up to a new high of .0071 on Friday, marking an impressive intraweek swing of 145% With that kind of momentum, we’ll be sure to keep its slot on our watchlists reserved as we kick off another trading week.


Extended Watchlist:
PBIO, SOLY, FSLY, ATHX, DISH, VKTX, LIQT, AVGR

Blue Horseshoe Stocks: PCTL Run Continues

PCT Ltd. PCTL

We have been hot on the trail of PCTL for nearly a month now, and the progress this OTC play has made in that time span  has been extraordinarily impressive. Shortly following our original alert from 07/22, we would observe a low of .0085 in PCTL. It didn’t take long for the stock to break out of subpenny territory, and the gains it has piled on following that have been huge.

Yesterday, the stock continued to streak into blue skies as it registered a new high of .0416, which represents an overall increase of 389% over our observed low!



SPDR S&P500 (ETF) SPY – Recap

We offered up some SPY calls for observation to kick off the week in yesterday morning’s premarket report, and those got off to a solid start. Our targets were the SPY Weekly $290.50-291.50 Calls
and we’re happy to report that intraday multi-bag gains were there for the the taking.

This was as the rebound from last Wednesday’s bloodbath continued, and the markets persisted in their recovery.

The total single-session moves and total possible profits were as follows: 

$38.50 Calls – Range: 1.20-2.50 – Max Gain: 108%
$39 Calls – Range: .94-2.14 – Max Gain: 128%
$39.50 Calls – Range: .64-1.61 – Max Gain: 152%

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Fresh Options Ideas:
Baidu, Inc. BIDU Weekly $113-116 Calls
Medtronic plc MDT Weekly $107-109 Calls


Extended Watchlist:
PFMS, SDRL, TPIC

Blue Horseshoe Stocks: Options Movers

Options Updates: 

We’re going to start out this morning by going over some recent extended term options ideas we’ve had and the success they’re enjoying after Friday’s market rebound from Wednesday’s big dip. We are also seeing the makings of a continuation of Friday’s momentum today, so we expect to see the gains listed on our ideas to below to be expanded with another bullish session. 

Agilent technologies, Inc. A – Our timing with Agilent couldn’t have been much better, citing the A 9/20 $65-70 Calls as our area of interest on Wednesday. The recovery that would follow for stocks in general would  help push those targets to some extremely solid intraweek runs.

$65 Calls – Range: 3.50-6.71 – Max Gain: 92%
$67.50 Calls – Range: 2.30-4.48  – Max Gain: 95%
$70 Calls – Range: 1.35-2.80 – Max Gain: 107%

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Boeing Corp. BA – We have been tracking a range of Boeing calls since early this month, signaling our interest in the BA 09/06 $340-350 Calls on the morning of August 5th. We’ve seen some pretty good activity from four out of those five sets of contracts, and will continue to monitor for further gains as we mentioned above.

$340 Calls – Range: 2.80-4.64 – Max Gain: 66%
$342.50 Calls – Range: 2.10-3.70  – Max Gain: 59%
$345 Calls – Range: 1.08-2.85 – Max Gain: 164%
$347.50 Calls – Range: 1.60-2.35 – Max Gain: 47%
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Fresh Idea:
SPY Weekly $290.50-291.50 Calls


Extended Watchlist:
CPST, REKR, BGG, RVLT, NOVA, AXSM, WB, JAGX, VRAY, INPX

Blue Horseshoe Stocks: Big-Time Options Wins

Three Ideas, Three Successes 

We didn’t let the DOW’s biggest drop of the year on Wednesday discourage us from producing three new options ideas for our readers yesterday morning. The three sets of contracts we issued alerts on were the SPY Weekly $284.50-286 Calls, the WMT Weekly $111-114 Calls, and the BABA Weekly $165-170 Calls. 

This morning, we are happy to close out the week by relaying to you, the total trading ranges and possible percentage gains that were there for the taking with all three of our ideas. We’re going to lay them out a bit differently than usual today, but the gains remain the same!

SPY Weekly $284.50-286 Calls
$284.50: 1.00-2.08 (+108%) | $285: .81-1.77 (+119%)
$285.50: .67-1.46 (+118%) | $286: .50-1.22 (+144%)

WMT Weekly $111-114 Calls
$111:
 .55-2.20 (+300%) | $112: .22-1.38 (+572%)
$113: .10-.76 (+660%) | $114: 05-.35 (+600%)

BABA Weekly $165-170 Calls.
$165:
1.50-3.50 (+133%) | $167.50: .55-1.76 (+220%)
$170: .18-.70 (+289%)

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Fresh Options Idea: 
We’ll also leave this off for the week with one final idea, the OSTK $18.50-19.50 Calls.



PCT Ltd. PCTL

Earlier in the week when we provided another update on PCTL we mentioned that subsequent to our previous alert, the stock ran from .0085 to a new high of .0228. We also pointed out a patch of resistance around the .029 area, stating that we “wouldn’t be surprised to see PCTL test in upcoming sessions”.

Just a couple of sessions later, yesterday, PCTL did indeed test and break that resistance, setting a new high of .0432. That brings our total observed gain on this stock since August 5th to a whopping 507%



Sintx Technologies, Inc. SINT – Recap

Lastly, we had a runner on yesterday’s extended watchlist was well, as SINT had quite an interesting session. The stock saw an early low of 2.355 before running up to 4.32, for an intraday move of 83%

SINT then lost all of that ground and came down to close at 2.19. What makes that’s interesting is the volatility we’re seeing in the stock, and with SINT now back at a bottom, we could be headed for more intraday opportunities with this play, so we’ll keep it on the radar for now.


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