WSM Archives - Page 3 of 4 - Blue Horseshoe Stocks

FDX and Other Post-Earnings Options Plays

Another Options Clean Sweep!

Despite some definite choppiness for the markets at large this week, we have continued to perform at our highest level in terms of scouting out and passing along daily options ideas. Our picks ultimately turn out to be big movers far more often than not. Yesterday was no exception to that dynamic, as we signaled fresh targets in three options chains and came away with multibag gain opportunities all over the place.

We highlighted potential earnings plays in the CSIQ, WOOF, and WSM chains, and went three-for-three, with every single designated contract set putting forth big intraday moves. Here are the ranges and total possible gains on the table for anyone who was tracking them along with us:

CSIQ Weekly $43.50-46 Calls
$43.50: .80-2.70 (+237%)
$44: .55-1.21 (+120%)
$45: .40-.81 (+101%)
$46: .29-.53 (+83%)
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WOOF Weekly $25 Calls
$25: .10-.35 (+250%)
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WSM Weekly $145-155 Calls
$145: 9.89-22.53 (+128%)
$150: 5.92-16.90 (+185%)
$155: 3.00-13.00 (+333%)

Fresh Options Ideas:

We’ll try to keep the Winning Options Express rolling down the track this morning with a potential swing trade candidate in NNOX, along with earnings reporters FDX and MP.

NNOX 04/01 $46-47.50 Calls
FDX Weekly $275-280 Calls*
MP Weekly $40 Calls*

*Please do not attempt to trade options with a weekly expiration on Friday unless you are a seasoned trader with access to disposable funds.

Extended Watchlist:
IMTL, GDET, NRPI, PPJE, PVSP, FONU, ARYX

More Winning Options Plays

CRWD & PDD Options Update:

We’ve been cruising right along this week with some really nice options plays yielding up considerable gain chances for ourselves and our readers. Our newsletters yesterday morning contained a bullish and a bearish idea in the CRWD and PDD chains, respectively.

Both companies had just released their earnings reports, and appeared to be gearing up to go in opposite directions. We targeted the CRWD Weekly $197.50-202.50 Calls and the PDD Weekly $152.50-148 Puts, and in both cases, our hunches paid off, with the CRWD ideas clearly being the more potent of the two. .

Here is the rundown of the single-session performances recorded by these plays:

CRWD Weekly $197.50-202.50 Calls
$197.50: 3.15-14.00 (+344%)
$200: 2.40-12.07 (+403%)
$202.50: 1.86-10.00 (+438%)
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PDD Weekly $12.50-148 Puts
$152.50: 8.01-12.95 (+62%)
$150: 6.28-11.25 (+79%)
$149: 5.00-10.02 (+101%)
$148: 6.45-10.15 (+57%)

Fresh Options Ideas:

We’ve got another batch of earnings calendar plays this morning in the solar and retail spaces. Here are the chains and possible strike ranges that we find interesting today:

CSIQ Weekly $43.50-46 Calls
WOOF Weekly $25 Calls
WSM Weekly $145-155 Calls

Extended Watchlist:
ICBU, NRPI, IMTL, MDRM, FORW, WARM, LQMT, BRTX, GRLT, ADTM

Blue Horseshoe Stocks: NTNX Update & More

Nutanix, Inc. NTNX

We began highlighting NTNX just a week ago in our report from the morning of March 12th. On that day the stock saw a low of 35.20, as we signaled the NTNX 05/19 $40-42.50 Calls for longer-term observation.

We wanted to provide an update on both the stock and our options targets this morning, as NTNX has produced a very solid and steady uptrend since the morning of our initial alert. Yesterday, NTNX ran to a new high of 42.21. That marked a 1-week increase of 20% and it allowed for some nice moves in our highlighted contracts.

The $40 Calls have thus far traded in a range from 1.96 to 4.20 for a gain of 114% while the $42.50’s ran from 1.21-2.85, an increase of 136% NTNX is only halfway to filling the topside gap on itas chart, and there’s plenty of time remaining until expiration. We’ll be interested to see if the stock can pile on even more gains.
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Fresh Options Ideas:
Conagra Brands, Inc. CAG 04/18 $24-26 Calls
Williams Sonoma, Inc. WSM 04/18 $57.50-60 Calls
Darden Restaurants,Inc DRI 04/18 $115 Calls

Extended Watchlist:
BIOS, MTP, UBX, MBT, LIFE, UAVS, AXSM, DF, INAP

Blue Horseshoe Stocks: 2800% Gainer & More

Canopy Growth Corp. CGC

CGC has been a hot topic for us since last Wednesday when we alerted readers that we’d be tracking the CGC 09/21 $30-40 Calls. This is now the fourth time since then that we’ve had to come back and update the total possible gains on our ideas, because the stock has been in bull mode throughout.

CGC shares alone have risen from a low of 29.05 up as high as 42.85, marking a 48% increase in just six trading days. On a nearly thirty dollar stock, it’s an eye popping turn of events.

It’s the gains in our designated options contracts that have been really impressive, adding new highs nearly every day. Here are the enormous ranges and possible gains on our ideas since last Wednesday:

$30 Calls – Range: 1.76-12.70 – Max Gain: 622%
$35 Calls – Range: .56-8.20 – Max Gain: 1364%
$40 Calls – Range: .16-4.70 – Max Gain: 2838%

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Williams-Sonoma, Inc. WSM

Fresh for yesterday morning’s report, we included an idea to correspond with Williams Sonoma’s strong quarterly earnings report, and it’s a good thing we did. Those also provided us and our readers with the chance at multi-bag intraday gains!

Our targets were the WSM 09/21 $67.50 & $70 Calls. The $67.50’s traded in a range from 2.40-6.40 for a gain of 167% while the $70’s made their run from 1.05-4.60, representing a gain of 338%
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FRESH OPTIONS IDEAS:
AMD Weekly $22.50 & 23 Calls
ADSK Weekly $147-150 Calls
SPLK Weekly $114-117 Calls

Seven Stars Cloud Group Inc SSC

After targeting SSC for observation on July 24th and subsequently witnessing a move of 170%+, we suggested that folks be lookout for a dip-and-rip to possibly see even more gains.

It has come to pass exactly as we expected, and the dip-and-rip pattern took the stock to a low of 2.71 before shooting back to 4.35. That’s an upswing amounting to 61%

Extended Watchlist:
CRON, MDXG, ICHR, TLRY, SDRL, BKE, MAXR

Blue Horseshoe Stocks: TGT Review & More

Target Corp. TGT

For a fresh set of options ideas yesterday morning, we had signaled the TGT Weekly $87.50-89 Calls for observation after the company recorded its best quarterly figures in a decade.

Despite posting a red candle on the day, the early activity in the stock was sufficient to provide our selected options contracts with the juice to make some respectable intraday rips.

$87.50 Calls – Range: .70-1.50 – Max Gain: 114%
$88 Calls – Range: .55-1.22 – Max Gain: 122%
$88.50 Calls – Range: .43-.95 – Max Gain: 121%
$89 Calls – Range: .14-.40 – Max Gain: 186%

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FRESH IDEAS:

We’ll continue to stick with big name earnings plays as long as they’re on the table. Earnings related options trading has become our bread and butter, and for good reason. As TGT proved yesterday, we don’t even need for these stocks to close in the green to give us what we’re looking for- all we need is the right early morning activity.

Today we’ve got a pair of fresh ideas that also just reported earnings. We’re going to be monitoring the Alibaba Group Holding Ltd. BABA Weekly $180-185 Calls, and the Williams-Sonoma, Inc. WSM 09/21 $67.50 & $70 Calls.

Extended Watchlist:
LX, SNPS, NEWA, SNPS, VLRX