Tag: TQQQ

Blue Horseshoe Stock: INSE Update & More

Inspired Entertainment Inc. INSE – Update

Yesterday morning, we placed INSE on recovery watch in the wake of its quarterly reporting. We cited the attractive bottom-bounce that was in effect as the markets had tanked the previous day and INSE managed to buck that trend.

Our instincts about this play turned out to be very good, with the stock piling on yet another very solid trading session. The stock’s low came in right at the opening price of 3.86 and it never looked back. INSE ran up to 5.23, representing a respectable single-session rise of 35%

It also closed just three cents lower than the high of day, setting us up to see if the stock can continue to build upon the momentum it has thus far exhibited.

DSW, Inc. DSW

We’d also like to formulate a fresh options idea for the DSW chain, after noticing an attractive chart setup. The stock has been trading at its lowest PPS since May, which when coupled with solid earnings and guidance in this morning’s quarterly report, could make for just the right conditions to strike on some options trades.

We’re going to signal interest in the DSW 12/21 $22.50 & $25 Calls, and keep those on watch throughout the rest of the week and into the next.
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Bonus Idea:
SPY Weekly $266.50-268.50 Calls

Extended Watchlist:
CASI, CNAT, HOLX, CDE, TQQQ, TNXP, LCI, AEO(Bottom play)

Blue Horseshoe Stocks: Options Review

Options Reviews

We went in on two sets of earnings-related options plays yesterday, and we are happy to report that each and every contract with both designated ranges provided ourselves and our readers with some fantastic single session gain opportunities.

Chipotle Mexican Grill Inc. CMG – For Chipotle, despite the fact that people appeared to be discounting the company’s earnings report, it posted solid numbers and sent our targeted contracts flying. We had slated the CMG Weekly $380-385 Calls and were met with the following multi-bag chances:

$380 Calls – Range: 10.00-45.22 – Max Gain: 352%
$382.50 Calls – Range: 8.45-39.75 – Max Gain: 370%
$385 Calls – Range: 4.90-38.80 – Max Gain: 692%

Facebook, Inc. FB – For Facebook, we had also mentioned the FB Weekly $165-172.50 Calls and those produced some very nice moves as well:

$165 Calls – Range: 6.21-11.23 – Max Gain: 81%
$167.50 Calls – Range: 4.19-8.77 – Max Gain: 109%
$170 Calls – Range: 2.36-6.41 – Max Gain: 172%
$172.50 Calls – Range: 1.20-4.21 – Max Gain: 251%
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More Fresh Options Ideas:

We’re going to close out this very fruitful trading week today with a trio of fresh options ideas, but please be advised, trading weekly options on a Friday should never be attempted unless you are a veteran trader with disposable funds.

Amazon, Inc. AMZN Weekly $1640-1650 Calls
Expedia Group, Inc. EXPE Weekly $117-119 Calls
Baidu, Inc. BIDU Weekly $250-255 Calls

Extended Watchlist:
CNHI, ICHR, UAVS, AGMH, INTC, TQQQ