Blue Horseshoe Stocks: PULM Review & More

Pulmatrix, Inc. PULM

The first thing we want to talk about this morning is the recent performance of a stock we tagged for observation roughly three weeks ago on the 11th of March. PULM was under consolidation in the sessions that followed, and over the past week, has really blossomed into a solid runner.

From its recent low of 1.05, the stock has risen as high as 3.01, which marks an increase of 187% PULM was trading above $4 just a few months ag0. We’ll continue to monitor to see if the stock can recover the rest of its lost ground.


FRESH OPTIONS IDEAS

Walgreens Boots Alliance WBA – Here we would like to signal a range of puts in the WBA chain on the heels of the company’s whiff on Q2 earnings expectations, and slashed guidance. Our targets this midweek are going to be the WBA Weekly $59-57.50 Puts, which may be helped along by a lackluster February Durable Orders report this morning.
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Cabot Corp. CBT - In this case, we simply like the technical setup of the chart. If CBT makes the kind of rebound it appears to want to make, we are going to see some solid opportunities out of the CBT 05/17 $40 Calls.


Extended Watchlist:
AMPG, SGMO, RIOT, XNET, SOLO, LW, KEP