Translate Bio, Inc. TBIO – Update:
We were just mentioning our successful MRNA calls from Monday morning in yesterday’s report. In that same report to kick off this week, we also formulated an extended-term options idea on TBIO. After some solid sessions have gone on the books this week, we’re swinging back around to check into our total possible gains.
We targeted the TBIO 08/20 $17.50-20 Calls, and on the strength of the stock running from 18.02-22.49 (+25%) over the span of the past three sessions, we have seen some pretty solid runs.
Here are the trading ranges and total possible gains that were made available by these TBIO Calls:
TBIO 08/20 $17.50-20 Calls
$65: 2.88-5.20 (+81%)
$70: 1.65-4.00 (+142%)
Meanwhile, with plenty of time remaining until expiration and plenty of upside potential on the TBIO chart, we’ll continue to track these targets in the days and weeks ahead.
Fresh Options Ideas:
CCIV Weekly $25-26 Calls
DRI 07/16 $140-145 Calls
ACN Weekly $292.50-297.50 Calls
EXPI 07/16 $40 Calls
ZNOG, BSSP, ADSV, MRIN, ARAV, GTT, IGC, EVIO, PRPM