Tag: IBIO

IBIO Streaks to New Highs

iBio, Inc. IBIO

We have been tracking IBIO since the early stages of the coronavirus pandemic, and it is among those stocks that have continued to perform and work its way to new highs.

We first highlighted it on March 17th, while it was trading a low of .76, and we followed up a couple of weeks ago at the end of June to mention that it had made a multibag move for us to 2.69 (+254%). Yesterday, with the largest single session gain of the year for IBIO, we saw a new high of 3.98. That extends our overall observed upswing on this play to 424%

Those who may have only caught our June 29th update, still had a big opportunity, as the stock pulled back to 1.85 before launching into this latest run. Gains of up to 115% were possible there.

Fresh Options Ideas
AA Weekly $12.50-13 Calls
SPCE Weekly $18-19 Calls
BSGM Weekly $7.50 Calls 

Extended Watchlist:
TH, SPOM, ITIX, PBR, VYON

Biotech Reviews & More


BioSig Technologies, Inc. BSGM

We began tracking many stocks with coronavirus synergies back in the late winter and early spring this year, as the global threat was still in the earlier stages of emergence. Our first alert on BSGM was on April 7th, and the stock would go on to run from under $4 to more than $12,

In the last few weeks, BSGM has finally begun to come down off of those highs, and we are now interesting in tracking it more closely for a potential bottom bounce. We’ll be looking out for the stock to establish support, and possibly make another significant run in coming weeks.
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iBio, Inc. IBIO

Speaking of coronavirus related stocks that have done well, IBIO was among those that we have been tracking since word of the pandemic began to spread widely, and we have seen a very nice move from it as well.

Following our most recent mention on March 17th, the stock saw  a low of .76, and to finish off last week it hit a new high of 2.69. That’s a 254% increase, and a perfect example of the kind of impetus that the virus has provided to a lot of these mid-sized biotechs.

Ideanomics, Inc. IDEX

We took notice of an interesting situation with IDEX currently transpiring. Last week, the stock tumbled on word of a possible class action suit currently being investigated. Today, it’s bouncing back in the premarket after the company announced the delivery of more than $3M in Chinese EV orders.

We’ll be interested to track its progress out of the gate as we kick off a fresh trading week today, without any notable earnings reporters on the calendar.

Extended Watchlist:
ITRM, LVXI, MYRY, PVDG, DECN, BHTG,

TGT Update, Fresh Options Idea

Target Corp. TGT

Just as we mentioned yesterday morning to start off the week, it was on Thursday morning that we signaled our interest in tracking some TGT Puts. They hadn’t quite heated up yet by the end of last week, but we urged readers yesterday to pay close attention, as the gains seemed imminent.

We were correct in that assumption, as the markets once again set a new record for worst daily losses in history. That helped propel the massive range of contracts we signaled, the TGT 04/03 $98-90 Puts, to double-bag gain status and beyond, exactly as we predicted.

Here are the trading ranges on those contracts since we’ve had them on our radar:

TGT 04/03 $98-90 Puts
$98: 3.37-6.92 (+105%)
$97: 2.90-6.60 (+128%)
$96: 2.73-6.00 (+120%)
$95: 2.21-5.95 (+169%)
$94: 2.54-5.50 (+117%)
$93: 1.99-5.05 (+154%)
$92: 2.44-4.50 (+84%)
$91: 2.00-4.25 (+113%)
$90: 1.47-3.80 (+156%)

Transdigm Group, Inc TDG

We would like to put together a set of call contracts to watch in the TDG chain. It’s no surprise that the stock is at a bottom at present, but what is remarkable is the amount of insider buying that has taken place in the last week, to the tune of roughly $180M.

That typically signals an insider’s confidence that the stock will not fall much further. We are going to put the TDG 05/15 $350-370 Calls on watch to track in the weeks ahead.

Extended Watchlist:
CODX, AYTU, IBIO, MBRX, APT, SPCE, TOMDF