Elite Options Plays & More

Continued Options Success: 

It has been an incredible week of options trading success for the plays we’ve discussed in our newsletters. Landmark gains have been falling our way all week long, with very few exceptions.

After a 4-for-4 Wednesday, we submitted three ideas for yesterday’s premarket report, and made it a 3-for-3 Thursday! Our targets were the BBY Weekly $117-119 Calls, the DG Weekly $197.50-202.50 Calls, and the WSM 06/18 $175-180 Calls.

Here are the potential gains made possible by that clean sweep of hot ideas:

BBY Weekly $117-119 Calls 

$117: 1.15-3.50 (+204%)
$118: .76-2.81 (+270%)
$119: .50-1.87 (+274%)
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DG Weekly $197.50-202.50 Calls
$197.50: 
5.58-9.78 (+74%)
$200: 3.50-7.86 (+125%)
$202.50: 2.00-5.56 (+178%)
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WSM 06/18 $175-180 Calls
$175: 2.39-4.95 (+107%)
$180: 1.50-3.75 (+150%)
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Fresh Options Ideas:
ULTA Weekly $335-345 Calls*
CRM Weekly $232.50-237.50 Calls*

*Please don’t trade weekly options on a Friday unless you are an experienced trader with access to disposable funds! 


Peloton Interactive, Inc. PTON:

On Monday morning, we furnished our readers with both a weekly and a longer-term set of ideas for PTON. Those were the PTON Weekly $101-103 Calls and the PTON 06/11 $105-107 Calls.

We have seen some simply incredible gains this week off of these ideas, which stand out as some of our top picks of the entire week:

PTON Weekly $101-103 Calls
$101: 1.30-11.85 (+812%)
$102: 1.00-10.90 (+990%)
$103: .76-9.50 (+1150%)
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PTON 06/11 $105-107 Calls
$105: 2.17-9.17 (+323%)
$106: 1.88-8.53 (+353%)
$107: 1.79-7.60 (+325%)


OTC Recaps:

We’ve also got a couple of updates on the performances of some OTC plays we’ve been tracking. We started tagging EEGI heavily beginning on April 26th and several times thereafter, including yesterday, and it nearly breached the penny barrier. NSPT is a newcomer to our reports as of Monday, and it has fared quite well so far.

Eline Entertainment Group, Inc. EEGI
First Alert: 04/26
Subsequent Range: .0005-.0097
Total Possible Gain:+1840%
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Newron Sport, Inc. NSPT
First Alert: 05/24
Subsequent Range: .0033-.0086
Total Possible Gain:+161%


Extended Watchlist:
TAWNF, AAPT, GMER, RGST, CBYI, VIZC, EFIR, GMPR, WSGF

PBIO News, Options Recaps

Pressure BioSciences, Inc. (OTCMKTS:PBIO)

First thing’s first today, we’ve got some fresh news out on PBIO that we wanted to pass along to our readers this morning. We sent out a report on PBIO yesterday that we would suggest you take a minute to go over now.

Today we are seeing the company release important info on the launch of its FDA-registered cannabis-enhanced, immune boosting prebiotic with proposed acquisition partner, Cannaworx

SOUTH EASTON, Mass., Dec. 4, 2020 /PRNewswire/ — Pressure BioSciences, Inc. (OTCMKTS: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, today announced that its proposed acquisition partner Cannaworx, Inc. has set December 2020 as the commercial launch date for its patented immune booster supplement: ImmunaZin™.  Cannaworx believes that post-launch, this product will be one of very few OTC (over the counter), FDA registered, hemp seed oil-enhanced supplements with an immune booster claim. (>>View Full PR via OTCMARKETS)


Successful Options Review

We also formulated some fresh options ideas for yesterday’s session in our premarket report, and found some solid success in the case of the CRWD and SPLK chains.

Here are the total ranges and possible profits that could have been seized: 

CRWD Weekly $155-162.50 Calls
$155: 3.92-11.25 (+187%)
$157.50: 3.00-8.87 (+197%)
$160: 2.14-7.75 (+262%)
$162.50: 1.63-5.75 (+253%)
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SPLK Weekly $170-160 Puts 
$170: 5.71-13.50 (+136%)
$165: 2.80-8.93 (+219%)
$160: 1.12-5.31 (+222%)
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Fresh Options Ideas:
DOCU Weekly $242.50-247.50 Calls 
ULTA Weekly $275-282.50 Calls 

Wrapping Up a Successful Week

Options Review:

The three short-term options trading ideas that we formulated for yesterday morning’s premarket report were in the BURL, TIF, and DG chains on the heels of the three big name companies reporting their quarterly earnings figures.

In each case, we were able to witness noteworthy intraday gains, most of which did reach multibag gainer status on the day:

BURL Weekly $195-197.50 Calls
$195:
 4.24-9.78 (+131%)
$197.50: 3.00-6.50 (+117%)
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TIF Weekly $122-123 Calls
$122:
 .82-1.94 (+137%)
$123: .80-1.40 (+75%)
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DG Weekly $205 Calls
$205:
 .50-1.75 (+250%)

These successful picks mark the continuation of what has been a very productive month of August for us. The vast majority of the ideas we have put forth have subsequently recorded multibag jumps.


Fresh Options Ideas:
DELL Weekly $62.50-65 Calls
WDAY Weekly $235-245 Calls
ULTA Weekly $245-260 Calls


Extended Watchlist:
NOVN, VSTM, BRTXQ, AXXA, CMGO, TLSS, BBRW, DLOC

Blue Horseshoe Stocks: Options Review


Options Review

We dedicated yesterday’s premarket newsletters to our Special Report, so we wanted to circle back this morning to go over a couple of options ideas we submitted to our readers on Tuesday morning.

We had identified plays in the ULTA and MKC options chains following a Form-4 Alert and an earnings report, respectively, and in both cases we met with fantastic multi-bag gain opportunities. Here were the total possible profits on the table:

ULTA 11/01 $260-265 Calls
$260 Calls – Range: 4.00-13.30 – Max Gain: 233%
$262.50 Calls – Range: 2.60-12.50 – Max Gain: 381%
$265 Calls – Range: 2.80-11.25 – Max Gain: 302%
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MKC Weekly $155-160 Calls

$155 Calls – Range: 5.58-13.58 – Max Gain: 143%
$160 Calls – Range: 2.82-9.12 – Max Gain: 223%
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Fresh Options Idea:
PEP Weekly $134-136 Calls 



American Renal Associates Holdings, Inc. ARA

We also want to place ARA on watch as a possible bottom bounce play. The stock has never been much lower than where it’s currently trading, has a recently history of sharp spikes, and indications that a significant rebound could be on the way. We’ll keep an eye peeled for such activity over the next several sessions.


Extended Watchlist:
CBNT, CLVS, ARQL, BIOC, HYRE, MEET

Blue Horseshoe Stocks: Options Trio

Fresh Options Ideas

We have a trio of fresh options ideas for today’s report- a couple of earnings plays, and a Form-4 alert. 

Ulta Beauty, Inc. ULTA – We saw a Form-4 pop up on ULTA last week, as the stock was beginning to find its way up off a bottom. There is an absolutely massive topside gap on the chart, so we’re looking at this as a longer-term idea.

We’re set to track the ULTA 11/01 $260-265 Calls over the next few weeks, which would play very well if the stock can even begin to fill that gap.
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McCormick & Co. Inc. MKC – First up for our pair of earnings plays, we’ve got MKC, which posted a Q3 profit beat as well as heightened guidance. We’re going to tag the MKC Weekly $155-160 Calls for observation this morning.
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Stitch Fix, Inc. SFIX 
 – Lastly, we’ve got SFIX earns coming up in the post-market this afternoon, and the stock is at a really good spot on the chart. We’re going to radar the SFIX Weekly $19.50-20 Calls.


IMPORTANT REMINDER!

We will be initiating coverage on a brand new high-potential nanotech play tomorrow morning!

Stay glued to those inboxes or visit BlueHorseshoeStocks.com shortly after 9AM tomorrow morning for our Special Report!


Extended Watchlist:
CLSI, ADT, SOL, CFMS, ADXS, IOVA, CVEO

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