Blue Horseshoe Stocks: Enormous Gains from SES

Synthesis Energy Systems Inc. SES 

Our top billing of the morning is going to be SES, which we tagged for observation in yesterday morning’s premarket report. It’s always a good idea to check through our Extended Watchlists that we include in nearly all of our daily newsletters, and cases like this are the reason.

SES absolutely exploded to kick off the week, following a solid move on Friday as well. The momentum carried over into this fresh trading week, and the stock simply skyrocketed. From a low of 7.81, the stock reached as high as 26.10. That works out to a whopping single session gain of 234% and was good for the #1 top slot on the NASDAQ daily gainers list!


Johnson & Johnson JNJ – Fresh Options Idea

We also want to radar some JNJ calls on the heels of the company’s earnings beat and raised guidance. The stock has been in an ascending wedge pattern for the past 7 weeks, and its Q3 beat could provide just the impetus we’re looking for, to score with some weekly options calls.

We’re going to be tracking the JNJ Weekly $130-132 Calls for the remainder of this trading week.
____

Bonus Idea: UNH Weekly $222.50-225 Calls



Extended Watchlist:
CVM, SNDL, OLLI, AMBA, VRAY, ONCS, GLUU

Blue Horseshoe Stocks: Options Movers

Options Updates: 

We’re going to start out this morning by going over some recent extended term options ideas we’ve had and the success they’re enjoying after Friday’s market rebound from Wednesday’s big dip. We are also seeing the makings of a continuation of Friday’s momentum today, so we expect to see the gains listed on our ideas to below to be expanded with another bullish session. 

Agilent technologies, Inc. A – Our timing with Agilent couldn’t have been much better, citing the A 9/20 $65-70 Calls as our area of interest on Wednesday. The recovery that would follow for stocks in general would  help push those targets to some extremely solid intraweek runs.

$65 Calls – Range: 3.50-6.71 – Max Gain: 92%
$67.50 Calls – Range: 2.30-4.48  – Max Gain: 95%
$70 Calls – Range: 1.35-2.80 – Max Gain: 107%

_____

Boeing Corp. BA – We have been tracking a range of Boeing calls since early this month, signaling our interest in the BA 09/06 $340-350 Calls on the morning of August 5th. We’ve seen some pretty good activity from four out of those five sets of contracts, and will continue to monitor for further gains as we mentioned above.

$340 Calls – Range: 2.80-4.64 – Max Gain: 66%
$342.50 Calls – Range: 2.10-3.70  – Max Gain: 59%
$345 Calls – Range: 1.08-2.85 – Max Gain: 164%
$347.50 Calls – Range: 1.60-2.35 – Max Gain: 47%
____

Fresh Idea:
SPY Weekly $290.50-291.50 Calls


Extended Watchlist:
CPST, REKR, BGG, RVLT, NOVA, AXSM, WB, JAGX, VRAY, INPX

Blue Horseshoe Stocks: Options for the Week & More

Arcadia Biosciences, Inc. ARKA – Update

We placed RKDA on watch on Friday morning’s premarket report. We caught it off of one of our routine premarket scans, and determined that a bounce play was a good possibility. Not only did we get what we were looking for, but the stock looks ready to gap-up once again this morning.

From a daily low of 2.70 the stock reached as high as 4.97, marking an intraday increase of 84% When measured to today’s new premarket high of 6.42, it works out to a two day swing of 138% and gives us good cause to continue to monitor its activity as we open up a new trading week.


DXC Technologies, Inc. DXC – Recap 

We went bearish on DXC in Friday’s report, offering up an options idea of the DXC 08/16 $40-37.50 Puts. Both of those contracts performed well as DXC had the floor fall out from beneath it, posting the worst daily loss in nearly two decades.

The $40 Puts ran from 2.66-5.00, representing an intraday pop of 88% while the $37.50’s soared into multibag gainer territory with a move from 1.00-3.10, a gain of 210%
___

Fresh Options Options Ideas for the Week:
SYY Weekly $71.50-72.50
GOLD Weekly $18-19 Calls 


Extended Watchist: 
VRAY, QUIK, CPST, SINT, FLXN, IVZ, FBIO, FLNT, LODE