TIPS Archives - Blue Horseshoe Stocks

Wednesday’s Winners, 4 Fresh Options Plays

Winning Trend Continues on Wednesday:

After a decent start to the first trading week of the new year on Tuesday, we kept things rolling pretty well yesterday for the second straight day. Our premarket report contained four potential plays on the options front, and each of those targets recorded some pretty good intraday upswings. We were hoping for a nice beginning to 2024 and thus far that goal is going according to plan!

Yesterday’s runners were the SPY 01/03 $472-471 Puts, the COIN Weekly $148-146 Puts, the MARA Weekly $22-21 Puts, and the UNF 01/19 $180 Puts. Here is the breakdown of their intraday performances for Wednesday:

SPY 01/03 $472-471 Puts
$472: 1.12-3.70 (+230%)
$471: .51-2.76 (+441%)
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COIN Weekly $148-146 Puts
$148: 3.37-5.25 (+56%)
$147: 2.88-4.60 (+60%)
$146: 2.55-4.12 (+62%)
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MARA Weekly $22-21 Puts
$22: .70-1.00 (+43%)
$21.50: .53-.79 (+49%)
$21: .41-.62 (+51%)
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UNF 01/19 $180 Puts
$180: 10.00-14.90 (+49%)

Fresh Options Ideas:
CALM 01/19 $55-52.50 Puts
WMT Weekly $160 Calls
RPM 01/19 $100 Puts
MBLY 01/19 $30-25 Puts

*Only experienced traders should attempt to trade options contracts on their day of expiration

Extended Watchlist:
MINM, OMGA, KTRA, RPID, JFBR, SMFL, HNRC, ZFRY, ABIT, RNGE, AHNR, TIPS

Closing Out a Fruitful Trading Week

Options Recap:

We offered up a good mix of options ideas in yesterday morning’s premarket report, most of which worked out for us. We’ll leave out the September calls we signaled in CRMT because that idea is going to take a little time to mature, but the other three plays we highlighted turned in solid performances on the day.

We were looking at the CAG 04/08 $35-33 Puts, the STZ 04/08 $237.50-232.50 Puts, and the LW 04/15 $60 Calls. and got some pretty good intraday movement there.

CAG 04/08 $35-33 Puts
$35: .55-.85 (+54%)
$34: .19-.30 (+58%)
$33: .08-.15 (+88%)
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STZ 04/08 $237.50-232.50 Puts
$237.50: 2.00-8.57 (+329%)
$235: 3.50-10.50 (+200%)
$232.50: 6.19-13.50 (+118%)
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LW 04/15 $60 Calls
$60: 3.50-6.05 (+73%)

Fresh Options Ideas:
SPY 04/08 $448-449 Calls
WDFC 04/14 $190-200 Calls
RH 05/13 $360-370 Calls

Sunshine Biopharma, Inc. SBFM – Review:

We tagged SBFM for observation in our extended watchlist on Tuesday morning, at which time we observed the stock trading for as little as 4.86/share. After an after-hours surge, the stock0 has now traded for as much as 12.45. That works out to a three-day swing amounting to 156% for this NASDAQ play.

Extended Watchlist:
CYBL, KGKG, ENGA, IGEX, SEII, TPTW, TIPS, MDVL, BWV, ATER, NDRA, BFRI,

Potential Swing Trades to Track into 2022

Bottom Play Options Candidates:

The winter holiday season is upon us, and it has been tough sledding over the past week with regard to the low amount of daily earnings reporters. Unfortunately, this down period is going to persist for the next month, but we will still make every effort to scout out and formulate trading ideas. We’ve gotten through other earnings dry spells before, and we’ll do it again this time as well!

Typically when there are no earnings to fuel intraday volatility that we can use to our advantage, we search for insider trading, and favorable technical setups as the next best thing. We’ve got some fresh ideas today that fall into both of those categories, with insider trades recently logged in VZIO and ETLB, and an interesting chart setup on TKR.

All three of these qualify as bottom plays that are going to be prime swing trade candidates to track into the new year:

TKR 01/21 $65-70 Calls
VZIO 01/21 $19-20 Calls
ETLB 01/21 $80-85 Calls

Extended Watchlist:
ICOA, NSAV, CCWF, TIPS, GRTX, GMTX, BFRI, CFVI, AVCT, NRPI, ICOA

MRNA Calls Post Multi-Bag Runs & More

Moderna Inc. MRNA – Options Explosion:

Our decision to feature MRNA Calls in Friday morning’s premarket report turned out to be an absolute stroke of genius, and opened the door on some truly incredible intraday trading opportunities.

We were zeroed in on the MRNA 12/03 $320-325 Calls, and ended up witnessing one of the largest single session moves made by any of our picks from the whole of 2021, in the $325’s. The stock itself ran sharply, perhaps with the aid of coronavirus anxiety stoked by the emergence of a new variant. The run enabled the following fantastic intraday chances for our readers:

MRNA 12/03 $320-325 Calls
$320: 8.00-39.07 (+388%)
$325: 1.30-36.00 (+2669%)

We’ll go ahead and roll up our potential strike area to include the MRNA Weekly $355-365 Calls on the chance that MRNA maintains its this incredible momentum.
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Fresh Options Ideas:
SPY 11/29 $463-464 Calls
LI Weekly $33-35 Calls

Faraday Future Intelligent Electric, Inc. FFIE – Bottom-Watch:

In the midst of tax loss selling season, we’re always going to be on the lookout for potential bargains, and we believe we may have found one in FFIE. As we’ve pointed out on the following chart, the stock has been beaten up considerably. It’s extremely oversold at the moment, and we’re going to want to monitor it for a recovery in the weeks and months ahead.

We’ve also gotten some impressive new highs in a couple of the plays we were highlighting on Friday.

iSpecimen, Inc. ISPC
Alert: November 22nd
Range: 9.01-24.67
Gained: +174%
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Biofrontera Inc. BFRI
Alert: November 24th
Range: 4.60-9.49
Gained: +106%

Extended Watchlist:
NRXP, PTPI, APDN, PRPO,KRYS, PTN, YCBD, CEMI, TOMDF, OPTI, TIPS, IFXY, GOFF

Going Bearish on Earnings Reporters

Options Review:

We’ve been back on our Midas Touch options trading business over the last several sessions, and yesterday morning was no different. We were just patting ourselves on the back for 100% accuracy on the previous session’s bangers, and we managed to do it again to start this holiday-shortened week.

We signaled ranges on a couple of plays, highlighting the SPY 11/22 $469-470 Calls, as well as going short on the CRNC 12/17 $105-95 Puts. Both turned out to be excellent notions, and the board was fully green for yet another day. The end of this week will be rather subdued, with a day off for Thanksgiving and just a half trading day for Black Friday, so it’s good we’re getting these in now.

Here are the total possible profits that could have been banked off of yesterday’s targets:

SPY 11/22 $469-470 Calls
$469: 1.99-4.50 (+126%)
$470: .62-2.40 (+287%)
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CRNC 12/17 $105-95 Puts
$105: 15.00-22.46 (+50%)
$100: 9.70-18.20 (+88%)
$95: 6.00-13.49 (+125%)

Fresh Options Ideas:
URBN Weekly $35-33 Puts
DLTR Weekly $132-130 Puts
BBY Weekly $122-119 Puts

Extended Watchlist:
ISPC, KTTA, PTPI, APVO, QLGN, AADI, TNXP, OSCI, VIZC, PUGE, TIPS, LVGI