Blue Horseshoe Stocks: Big Day for Options

Options Recap

Yesterday, our premarket report included two fresh sets of options trading ideas for Under Armour, and Take Two Interactive, and thanks in part to a nice rebound for the markets, we were able to see some really nice gains in our designated plays.

Both of these were companies that had just reported their quarterly earnings, which just reinforces why we continue to make these same kinds of calls over and over again. Post-earnings options trading, while just as risky as any other type of short-term trade, is also just about the most reliable way to find quick-strike opportunities to profit.

Here were the trading ranges and total possible single-session gains that could have been banked off of yesterday’s ideas:

Under Armour Inc. UAA $19-20 Calls
$19 – 2.69-4.20 (+56%)
$19.50 – 2.65-3.82 (+44%)
$20 – 1.75-3.25 (+85%)

Take-Two Interactive Software, Inc. TTWO $122-125 Calls
$122 – 4.00-5.60 (+40%)
$123 – 2.49-5.70 (+129%)
$124 – 2.50-4.20 (+68%)
$125 – 2.50-4.00 (+60%)
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Fresh Options Ideas: 

FB Weekly $150-155 Calls
EBAY $28.50-30 Calls
GM Weekly $35-37 Calls

SPY Weekly $269.50-271.50 Calls


Extended Watchlist: 
PVH, TNXP, CRON, CGC, CRC, SMI, RIOT, YNDX

Blue Horseshoe Stocks: AAPL Run Continues

Apple, Inc. AAPL – Final Update

We’re coming back around to mention AAPL for the third consecutive time today, with the AAPL Weekly $195-200 Calls we selected on Wednesday morning continuing to pile on bigtime gains.

Practically every options idea we’ve looked at in this incredible bull market has been working out in our favor, and this old favorite has been no different. Here are the updated figures for the total possible gains which could have been attained as a result of our report on Wednesday:

$195 Calls – Range: 3.20-13.25 – Max Gain: 314%
$197.50 Calls – Range: 1.71-10.80 – Max Gain: 531%
$200 Calls – Range: .81-8.40 – Max Gain: 937%


More Options Success

Our premarket report yesterday also contained two fresh sets of options ideas for Tesla, inc. TSLA with the Weekly $320-330 Calls, as well as the Wayfair Inc. W Weekly $110-115 Calls.  Both ideas produced fantastic chances for huge single session multi-bag profits:

TSLA Weekly $320-330 Calls,
$320 Calls – Range: 7.20-30 – Max Gain: 316%
$322.50 Calls – Range: 6-28.27 – Max Gain: 371%
$325 Calls – Range: 5.25-25.26 – Max Gain: 381%
$327.50 Calls – Range: 4.20-22.25 – Max Gain: 430%
$330 Calls – Range: 3.10-20 – Max Gain: 563%

We’ll be looking at the possibility of rolling up to the TSLA Weekly $345 & $350 Calls for today, but please, do not trade weekly options on a Friday unless you are expert trader with disposable funds. While the rewards can be great, the risks are of equal gravity!
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W Weekly $110-115 Calls
$110 Calls – Range: 3.10-11.10 – Max Gain: 258%
$115 Calls – Range: 1.76-5.30 – Max Gain: 201%
(Note: Wayfair also produced gains throughout our entire selected range early in the session, but here we have simply included the figures for the bottom and top of the range only, as that is where most of the open interest was.)
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Fresh Idea:
SPY Weekly $282-283 Calls


Extended Watchlist:
NSYS, PBR, DISH, MDRX, TNXP, TTWO, ACLS

Blue Horseshoe Stocks: SSLJ Recap, Options & More

SSLJ.com Ltd. SSLJ
It’s been just under a couple of weeks since we slated SSLJ as a play to watch for a bottom; it was the Tuesday before lastthat we mentioned we’d have an eye on the declining stock that appeared to be ready to reverse at any time.

Friday we saw that come to pass, and the rebound that accompanied it was very impressive indeed. The stock saw a low of .64 before running as high as 1.96, carving out a 206% path and streaking up toward the massive gap that still waits to be filled.

We’re going to continue to monitor this play in the event that it fills the gap, which occupies a range of more than a dollar, and would boost our observed gains by even further.


Yum China Holdings, Inc. YUMC

We targeting some options contracts in the YUMC chain on Friday following the company’s Q2 earnings beat, selecting the YUMC 08/17 $37.50-42.50 Calls
for observation. While we didn’t get multi-bag moves, the gains that were available were still noteworthy.

$37.50 Calls – Range: 1.10-1.70 – Max Gain: 126%
$40 Calls – Range: .55-.80 – Max Gain: 1566%
$42.50 Calls – Range: .23-.35– Max Gain: 407%
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Fresh Idea:
Caterpillar, Inc. CAT Weekly $145-149 Calls


Extended Watchlist:
NVRO, TNXP, CDMO, BLMN, FDC