Progressive Care, Inc. RXMD
We’ve talked about RXMD every day this week, because the stock has continued to streak to new highs each day. As we’ve mentioned, our February 22nd alert on RXMD enabled our readers to gain entry for as little as .0663.
Yesterday, our tenth session tracking this play, the stock soared to a new five year high of .197, registering as a total increase from our observed low amounting to 197%
Zosano Pharma Corp. ZSAN
We put ZSAN back on our radars as a bottom-bounce play on Friday, and witnessed a subsequent low of 6.8175. From that point, the stock has made a very nice move in just a short time.
Yesterday, following yet another tag in our premarket report, ZSAN ran from 9.58 to 15.74. That worked out to an intraday rise of 64% and a total increase of 131% in a matter of just four trading days.
As you can see on the included chart snapshot, if the stock can pass through the highlighted resistance area and breach the 200DMA, things could get very interesting.
Dollar Tree, Inc. DLTR
We formulated a bearish options idea for Dollar Tree yesterday morning, and it worked out in our favor as the stock gapped down hard, followed by more backsliding during the session. Our targets were the DLTR Weekly $95-92 Puts and the two sets of contracts in the lower end of that range yielded notable intraday gain opportunities.
$93 Puts – Range: 4.00-6.10 – Max Gain: 53%
$92 Calls – Range: 2.50-4.54 – Max Gain: 82%
Fresh Options Idea:
We also want to look at Burlington Stores, Inc. BURL on the heels of its earning release and signal a few contracts for observation- the BURL 03/16 $120 & $125 Calls.
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