UAMM Archives - Blue Horseshoe Stocks

Friday’s Runners, Today’s Fresh Targets

Options Review:

As usual, we’re going to make our first order of business this morning, the highlighting of our options plays from Friday and what was performing. Three out of the five sets of ideas we formulated in Friday morning’s premarket report recorded notable intraday gains for us.

Those winning targets were the DOCU Weekly $190-175 Puts, the SMAR Weekly $65-70 Calls, and the MRVL Weekly $79-85 Calls. and while the gains weren’t earth-shattering, there were certainly plenty of strong intraday profit chances which could have been seized upon, to the tune of the following moves:

DOCU Weekly $190-175 Puts
$190: 35.01-58.12 (+66%)
$185: 29.82-53.30 (+79%)
$180: 24.24-42.00 (+73%)
$175: 20.04-42.97 (+114%)
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SMAR Weekly $65-70 Calls
$65: 4.60-7.24 (+57%)
$70: 3.04-4.00 (+32%)
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MRVL Weekly $79-85 Calls
$79: 6.53-9.00 (+38%)
$80: 5.06-8.60 (+70%)
$85: 1.53-4.50 (+194%)

Fresh Options Ideas:

The premarket earnings calendar is rather light this morning, but we did hash out some ideas with two out of the three reporters, as well as target some daily SPY Calls, as the markets appear to be gearing up to pare losses from Friday’s down session.

SAIC Weekly $85-90 Calls
DLHC Weekly $12.50 Calls
SPY 12/06 $453-454 Calls*

*Trading options contracts on their day of expiration carries higher risk, and should only be attempted by experienced traders

Extended Watchlist:
IGEN, TGHI, UAMM, AAPT, CGAC, MSNVF, LICH, TTCM

Options Explosions, Fresh Ideas

More Options Mastery:

We’re closing out another trading week on an exceptionally high note with regard to the performance of our options ideas from yesterday morning;’s premarket report. Day in and day out, we strive to come up with the best possible options daytrading ideas, and much more often than not, the opportunities are there.

Such was the case yesterday with all three of the targets we honed in on, which were the KR Weekly $41-42 Calls, the SNOW Weekly $335-350 Calls, and the OKTA Weekly $197.50-205 Calls.
All three sets of ideas we were tracking recorded excellent intraday movement, thanks in part to the markets’ bounce-back from Wednesday’s dip.

KR Weekly $41-42 Calls
$41: 1.21-4.50 (+272%)
$42: .51-3.53 (+592%)
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SNOW Weekly $335-350 Calls
$335: 8.50-25.69 (+202%)
$340: 6.12-21.90 (+258%)
$345: 4.50-18.49 (+311%)
$350: 3.30-14.20 (+330%)
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OKTA Weekly $197.50-205 Calls
$197.50: 18.05-24.48 (+36%)
$200: 14.95-24.00 (+61%)
$202.50: 13.26-18.75 (+41%)
$205: 11.00-18.32 (+67%)

Fresh Options Ideas:

We’re also going to go big with FIVE sets of ideas this morning, but please be advised that they will all be expiring at the close today. That being said, the markets look ready to rip once again, so we feel confident we’ll see some good activity from the following potential plays.

SPY 12/03 $457.50-459 Calls
DOCU Weekly $190-175 Puts
ULTA Weekly $395-405 Calls
SMAR Weekly $65-70 Calls
MRVL Weekly $79-85 Calls

Extended Watchlist:
LGVN, CYAD, BIOL, TGHI, UAMM, RPMT, WDLF

Earnings Plays on the Move

Fidelity Intl. Information Services, Inc. FIS – Options Recap:

Our lone fresh options idea for the day in yesterday’s premarket report was in the FIS chain. The stock saw a mixed bag for the session as the company posted beats on earnings and revs in its Q2 report, while tempering guidance pulled in the other direction.

We still had some very nice intraday movement in our designated target, the FIS 09/17 $135 Calls. Those ran from 1.80 to 2.96, producing a respectable intraday upswing of 49% We feel rather certain that we will be returning to report more gains on this longer-term play, with over five weeks remaining until expiration. Stay locked in for future updates.

Catapult Solutions, Inc. CPSL:

We also wanted to provide a quick recap on CPSL, which has appeared in our watchlists a few times over the past week. We initially alerted it exactly a week ago today on the morning of July 28th.

We have now observed a very impressive move out of CPSL from a low of .0261 to yesterday’s high of .0648, which works out to a 148% run. Volume over the same period has been vastly greater than average.

Fresh Options Ideas:
EXPI 08/20 $40-45 Calls
ATVI Weekly $82-85 Calls
MCHP Weekly $147-149 Calls

Extended Watchlist:
TXTM, UAMM, WLAN, ASTA, KATX, PLPL, PBYA, BYSI, HOOD, WHLR, HTHE, WSLF

Fresh Plays, Winner Recaps & More

eXp World Holdings Inc. EXPI – Options Review:

Yesterday morning, we highlighted the performance of our options ideas in EXPI that we had initially targeted on Wednesday, the EXPI 03/19 $50-52.50 Calls. After posting double-bag moves, we mentioned that we expected the bullish activity to continue, based on the stock’s behavior in the premarket.

In addition to the EXPI 03/19 $50-52.50 Calls from last week, we extended our target range by rolling up to include the EXPI 03/19 $55 Calls. Not only did the updated strike instantly yield double-bag gains on the day, but our preexisting targets tacked on some stellar new highs which has extended our observed trading range by a considerable amount.

The following numbers are the total swings made by the $50-52.50’s since last week, and the single-session surge recorded yesterday by the $55’s:

EXPI 03/19 $50-55 Calls
$50: 2.16-8.20 (+280%)
$52.50: 1.45-6.10 (+321%)
$55: 2.10-4.60 (+119%)

XL Fleet Corp. XL – Recap:

It was also this past Wednesday morning that we flagged some longer-term contracts in the XL options chain, with the XL 05/21 $12.50-15 Calls. Despite just a few sessions passing since then, this bottom bouncing stock has continued to add modest gains daily.

We already have seen some notable moves in those plays with more than two month remaining until expiration. We’ll be interested to see where they go from here in the event of continued northward movement in XL. Here are the gains we’ve tracked so far:

XL 05/21 $12.50-15 Calls
$50: 2.45-3.50 (+43%)
$52.50: 2.00-3.00 (+50%)
$55: 1.70-2.64 (+55%)

Fresh Options Ideas:
FUTU Weekly $157.50-162.50 Calls
BEKE Weekly $60-65 Calls

Extended Watchlist:
UAMM, AABB, NIHK, NTRR, BFCH, SEGI, ALYI, RBNW, WARM

Cannabis Stock Explosion in Progress

Aphria, Inc. APHA – Options Recap

Our sole point of focus in terms of fresh options plays in yesterday morning’s premarket report, was a tight range of calls in the APHA chain on the heels of the company’s earning report- the APHA Weekly $10-11 Calls to be exact. Despite a down day for the markets at large, we saw this cannabis stock buck the trend on the strength of increased price targets relating to the company’s impending merger with Tilray, Inc. TLRY, another pot stock with which we’ve had some experience in the past.

The gains on our target contracts for the day yesterday were quite impressive as you’ll see below, but based on the premarket activity we’re observing this morning, we expect the following ranges and total possible gains to explode at the open today. Read on to find the expanded set of targets that we’re going to formulate for APHA for today and into next week.

APHA Weekly $10-11 Calls
$10: .70-2.25 (+221%)
$10.50: .40-1.70 (+325%)
$11: .28-1.20 (+329%)

As we said above, we expect those figures to increase today, and going forward we’re going to add the APHA Weekly $13-14 Calls, and the APHA 01/22 $15 Calls into our pool of tracked contracts. We’ll also include the TLRY Weekly $21-22 Calls just for good measure.

We’re also going to include a wide range of OTC-traded cannabis penny stocks to track below, as the legislative environment is about to shift dramatically toward favorable conditions for federal reclassification, and the business opportunities it will provide should be like nothing we’ve seen to date.

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Fresh Options Idea:
W 02/12 $340-335 Puts

OTC Cannabis Watchlist:
GRNH, TRTC, CNGT, CBMJ, HEMP, SGMD, KALY, GCAN, HMPQ, INQD, MJNA, CCAN, OWCP, UAMM, DKMR, AMMJ, SRNA, BUDZ