WVE Archives - Blue Horseshoe Stocks

Monday’s Movers, 3 New Possibilities

Monday’s Solid Plays:

We got off to quite a good start for the first full trading week of the new year, with the ideas we put out in Monday’s report yielding some very nice intraday upswings. Of the three possible targets we hashed out, all three sets of ideas posted notable runs, most of which were double-baggers. We’ve waited patiently for earnings to return, and that should begin for us tomorrow.

Yesterday’s highlighted ideas were the SPY 01/05 $685-686 Calls, the A 01/16 $140 Calls, and the AIR 01/16 $85 Calls, and these were the top upticks they logged for the session:

SPY 01/05 $685-686 Calls
$685: 1.91-4.44 (+132%)
$686: 1.50-3.44 (+129%)
_____

A 01/16 $140 Calls
$140: 1.65-4.35 (+164%)
_____

AIR 01/16 $85 Calls
$85: 3.50-6.50 (+86%)

Fresh Options Ideas:
SPY 01/06 $687-688 Calls*
TSM Weekly $327.50-330 Calls
ARWR Weekly $72.50 Calls

*Only experienced options traders should attempt to trade contracts on their expiration day

Extended Watchlist:
ALMS, CYCN, EVTV, DRUG, IMSR, OS, AEVA, AZI, WVE, VSME

Friday’s Activity, 3 New Ideas

Friday’s Runners:

We closed out the trading week on Friday in decent form, after having signaled a range of three possible options plays in our premarket report for the session. We ended up seeing some pretty good intraday movement from two out of three of those opportunities. Not the perfect performance we expect from ourselves, but the gains we did see were pretty impressive.

Our winning targets were the ULTA Weekly $567.50-572.50 Calls, and the DOCU Weekly $67-66 Puts, and these were the largest intraday upswings recorded by each set:

ULTA Weekly $567.50-572.50 Calls
$567.50: 6.50-35.80 (+451%)
$570: 11.49-40.11 (+249%)
$572.50: 5.44-38.48 (+607%)
_____

DOCU Weekly $67-66 Puts
$67: .62-1.50 (+142%)
$66: .17-.61 (+259%)

Fresh Options Ideas:
NFLX Weekly $100-101 Calls
MSFT Weekly $482.50 Calls
GPCR 12/19 $40 Calls

Extended Watchlist:
JFBR, PAVS, CETX, WVE, CFLT, MTVA, KYMR, SSP, CFLT

PLCE Options Recap & More

The Children’s Place, Inc. PLCE – Update

As a result of the insider buying we discovered at a bottom on PLCE yesterday, we placed a pair of contracts in the options chain on watch, specifically the, PLCE 01/17 $65-70 Calls.

Despite being a bit of a longer-term idea, we still witnessed instantaneous results from these targets, which produced the following intraday moves:

$65 Calls – Range: 2.55-4.20 – Max Gain: 65%
$70 Calls – Range: .35-.85 – Max Gain: 143%

We’re interested in continuing to track these plays, with PLCE still boasting a massive gap to the topside on the chart up to roughly the $70 level. Should the stock continue to fill that gap, we’re going to see the total gains on these ideas hit even more impressive levels.

Fresh Options Ideas:
WVE 04/17 $17.50-25 Calls
GIS 01/17 $55 Calls
FDX Weekly $155-150 Puts

Extended Watchlist:
LMPX, YAYO, OBLN, SLDB, FBIO, MLCO

Enjoying Sustained Options Success

Closing Out Another Great Week of Options Trading

Despite a momentary lull in the volume of earnings reporters earlier in the week, we managed to find several winning options ideas.

This morning, in addition to even more fresh ideas, we’ll recap the new highs in our CHWY calls, as well as the huge single session performance by LL, which we signaled in yesterday’s report. Those approached and exceeded the 1000% gain range on the day.

CHWY Weekly $25.50-26 Calls
$25.50 Calls – Range: 1.05-3.10 – Max Gain: 195%
$26 Calls – Range: .80-2.52 – Max Gain: 215%
_____

LL Weekly $9.50-10 Calls
$9.50 Calls – Range: .15-1.40 – Max Gain: 833%
$10 Calls – Range: .10-1.15 – Max Gain: 1050%
$10.50 Calls – Range: .05-.65 – Max Gain: 1200%

Fresh Ideas to Close Out the Week

SPY Weekly $317.50-318.50 Calls*
ADBE Weekly $310-315 Calls*
SRPT Weekly $132-134 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!

LMP Automotive Holdings, Inc. LMPX – Recap

We also wanted to make mention of the solid intraday move by recently IPO’d LMPX, which we included in yesterday’s extended watchlist.

The stock ran from a low of 16.23, and hit 22.95. That worked out to an upswing of 41% and registered as the NASDAQ’s second biggest gainer of the day.

Extended Watchlist:
ROYT, CREG, ACHV, LODE, WVE, SLDB, FPAY

Blue Horseshoe Stocks: MBRX Blows its Lid

Kimberly Clark Corp. KMB

We want to kick things off this morning by highlighting the fantastic options idea we included in yesterday morning’s premarket report. That was the KMB Weekly $125-128 Calls, and we’re pleased to relay the stellar first-day performance of those contracts, all four of which produced enormous multibag intraday moves, including a thousand-percent-plus play in the $128’s.

$125 Calls – Range: 1.40-7.14 – Max Gain: 410%
$126 Calls – Range: 1.00-6.50 – Max Gain: 550%
$127 Calls – Range: .72-4.90 – Max Gain: 581%
$128 Calls – Range: .36-4.80 – Max Gain: 1233%
_____

FRESH OPTIONS IDEA:
Twitter, Inc. TWTR Weekly $35.50-37 Calls
Hasbro, Inc. HAS Weekly $97-101 Calls
Lockheed Martin Corp. LMT Weekly $327.50-$337.50 Calls

Moleculin Biotech, Inc. MBRX – Recap

Following the FDA fast-tracking of the company’s Annamycin drug, yesterday morning we noted that this stock we began tracking late last month had risen by 89% (.7772-1.47) right on the heels of the good news. It would appear that the development took some time to fully filter through the investment community, because even we weren’t prepared for the enormous continuation of momentum that has now transpired.

From yesterday’s 1.25 low-of-day, MBRX shot up like a rocket and ultimately reached a new peak of 3.15. That worked out to a single session surge of 152% From our initially observed low, it represents an increase of 305% in just over three weeks of trading. This has not turned out to be our biggest stock-only call of the year so far just yet, but it is right up there among the best.

Extended Watchlist:
TMPS, GNC, AYTU, HLTH, VERB, VTVT, FORK, WVE, RVP, CVM