Tag: TNTR

Blue Horseshoe Stocks: Options Review & More

SPDRA S&P 500 ETF (SPY)

After following up a string of successful SPY calls from last week, we added a fresh quick-strike idea yesterday morning. With the markets looking ready to pop after positive jobs numbers were released, we signaled our interest in tracking the SPY 07/09 $275.50-277 Calls.

Trading options with same-day expiry always carries a high risk, but in this case, it was well worth it, with each of our designated contracts producing gains of a significant nature on the day.

$275.50 Calls – Range: 1.18-2.74 – Max Gain: 132%
$276 Calls – Range: .80-2.01 – Max Gain: 151%
$276.50 Calls – Range: .48-1.42 – Max Gain: 196%
$277 Calls – Range: .23-.93 – Max Gain: 304%
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Tesla, Inc. TSLA

An idea that we formulated on Friday was with some extended term TSLA Calls. We wanted to remind readers of these contracts this morning, as the stock is behaving like we might now see the move that we predicted at the end of last week.

The TSLA 08/02 $300-315 Calls should be in line to see some nice gains with the stock itself gapping up hard here in the premarket.
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Fresh Idea:
For another fresh options trading idea on the heels of PEP’s earning beat, we’re going to be tracking the activity in the PepsiCo, Inc. PEP $109-112 Calls.

RiceBran Technology RIBT

We have included RIBT in our reports on each of the past two Mondays, and the stock has made appreciable moves to the upside in that time span.

Between our initial alert last Monday, after a low of 2.21 from which the stock hasn’t looked back, yesterday’s new high reached 3.09, marking a one week upswing of 40% We’ll be interested to see how far the stock can continue to streak into blue skies.

Extended Watchlist:
TNTR, AYTU, CLNE, CRMD, OHGI

Blue Horseshoe Stocks: More Big Options Calls

Options Review

Once again we were able to score some good quick-strike options trading opportunities with the fresh ideas included with yesterday morning’s premarket report. It continued an extremely solid run of options ideas this week.

In three separate options chains, we selected a total of 12 options contracts to monitor, and solid chances for significant intraday gains were produced by 10 of those:

The Kroger Co. KR Weekly $28-29.50 Calls
$28 Calls – Range: .41-1.04 – Max Gain: 154%
$28.50 Calls – Range: 21-.68 – Max Gain: 224%
$29 Calls – Range: .08-.41 – Max Gain: 413%

Darden Restaurants Inc. DRI 07/20 $100-115 Calls
$100 Calls – Range: 3.00-8.20 – Max Gain: 173%
$105 Calls – Range: .90-4.10 – Max Gain: 355%
$110 Calls – Range: .30-1.50 – Max Gain: 400%
$115 Calls – Range: .05-.45 – Max Gain: 900%

Micron Technology, Inc. MU Weekly $61-62.50 Calls
$61 Calls – Range: .22-.57 – Max Gain: 159%
$61.50 Calls – Range: .17-.37 – Max Gain: 118%
$62 Calls – Range: .10-.24 – Max Gain: 140%
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More Fresh Ideas

We had an excellent day with yesterday’s fresh trio of options ideas*, so why not formulate another three to close out what has been a fantastic trading week. 

SPDRA S&P 500 ETF (SPY) Weekly $274-275.50 Calls*

BlackBerry Ltd. BB Weekly $11-12 Calls*

CarMax, Inc. KMX Weekly $75-78 Calls*

*Never trade weekly options on a Friday unless you are an expert trader with disposable funds!

Extended Watchlist:
FCEL, FTI, INPX, TS, TNTR, BPMX, CRC, OAS

Blue Horseshoe Stocks: TNTR Recap & More

Tintri, Inc. TNTR

Our bottom call of TNTR yesterday morning to kick off the short week could not have been more perfectly timed. For more than two months the stock had been crushed down ever lower, reaching a new 52-week low once again on Friday.

We noted a significant swell in the amount of short interest in the stock, and now it appears as if the squeeze is on- the bottom bounce we said we’d be watching closely for happened right on cue and it was no small move. The stock saw its low at .36 and subsequently ran to .71, marking an intraday rip of 97%

We’re going to want to watch out for a more sustained recovery, and look to TNTR to establish higher lows over the coming sessions.

Dicks Sporting Goods, Inc. DKS

Dicks posted its quarterly report, and took off like a rocket in the premarket today, shooting up over 20% on a hefty earnings neat and raised guidance going forward.

We’re always in the mood to take advantage of a rapid spike in price action and volatility. We like to use options to leverage the activity to our benefit, and in this particular case, we are going to want to cast a wide net and keep a close eye on the DKS Weekly $35-40 Calls.
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Added Idea:
HP, Inc. HPQ Weekly $21-22 Calls

Extended Watchlist:
CODX, CRMD, NAK, CRM, OGEN, TXMD, UPL, BGI