More Pharma Winners

Pharma Updates

Ocular Therapeutics, Inc. OCUL  – We’ve been observing OCUL for a couple months now, beginning with our report from Dec. 30th. The stock did rise considerably in a predictable pattern over the first two months of 2020, and thanks largely in part to the effect the coronavirus is having on many pharma plays, the stock really kicked the increases into high gear this week.

Subsequent to our report just prior to the New Year, OCUL was trading for a little as 3.83 a share, and its new high yesterday came in at 7.48, marking a solid rise of 95%
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Inovio Pharmaceuticals, Inc. INO  – We signaled INO on Thursday morning, and provided an update again in yesterday’s report. From its low of 3.83, we have now witnessed an upswing of 145% as of the stock’s new high of 9.40 achieved yesterday.

The markets have begun to swing back and forth with just the kind of volatility that we relish, but it is highly unlikely that we are seeing the last of the coronavirus’ effect on stocks in general. With the outbreak not yet contained, it stands to reason that this volatility will persist for the foreseeable future.


Campbell Soup Co. CPB – Options Update 

We offered up an options idea for the Campbell’s chain yesterday, the CPB Weekly $49-50.50 Calls. While the 49.50’s didn’t trade substantial volume, the other three contract sets in the range saw some nice moves.

CPB Weekly $49-50.50 Calls

$49: 2.03-3.10 (+53%)
$50: 1.25-2.58 (+106%)
$50.50: .98-2.10 (+114%)


Fresh Options Ideas:
VIPS Weekly $13.50-14.50 Calls
MRVL Weekly $23.50-25 Calls
SPLK Weekly $152.50-149 Puts 


Extended Watchlist:
HRAL, ARYC, SPOM, NVNT, IQST, ABML

Success, Despite Market Troubles

Palo Alto Networks, Inc. PANW  – Update

In addition to the PANW Weekly $240-235 Puts we highlighted on Monday, yesterday we cast an even wider net in modifying our strike area to include the $210-200 Puts.

Thanks to the 3rd biggest single-session loss in DOW history, we’ve got all new highs on each and every contract we’ve been tracking.

PANW Weekly $240-235 Puts
$240: 10.11-43.37 (+329%)
$237.50: 8.85-41.61 (+370%)
$235: 7.75-43.00 (+455%)

$210-200 Puts

$210: 8.65-16.50 (+91%)
$207.50: 6.06-14.52 (+140%)
$205: 5.02-12.15 (+142%)
$200: 2.08-8.75 (+321%)
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Fresh Ideas:
TJX Weekly $62.50-65 Calls
LOW Weekly $119-121 Calls 


Genprex, Inc. GNPX

Our regular readers should recall our recent coverage of GNPX, which we initially slated for observation in our report on on January 6th, when the stock was trading for a little as .29. We were recently commenting on its incredible performance just last week.

Despite some of the worst days for the market in its history, GNPX has managed to set new highs once again, yesterday reaching 7.03. From our observed low of less than two months ago, that represents an a stellar overall increase of 2324%


iQSTEL, Inc. IQST

We also wanted to relay the new high set by IQST, which we had just signaled on Monday morning, and updated readers on yesterday morning. From our low of .1483, the stock soared to .5174, registering as a total two-day gain of 249%

IQST also has news out today, so we’ll keep it on our radar jedhbdhuj


Options Reviews, Fresh Ideas

Reviewing Yesterday’s Puts 

We warned of the bearish session that we had incoming, in our premarket report yesterday, and featured some puts in the chains of plays with upcoming earnings. We had signaled the INTU Weekly $290-287.50 Puts as well as the PANW Weekly $240-235 Puts.

Here were the modest, yet respectable, single session gain opportunities provided by those two targets, which were available to ourselves and our readers:

INTU Weekly $290-287.50 Puts
$290:
 8.61-10.91 (+27%)
$287.50: 7.30-8.90 (+22%)

PANW Weekly $240-235 Puts

$240: 10.11-12.70 (+26%)
$237.50: 8.85-10.75 (+21%)
$235: 7.75-10.08 (+30%)

Important: We want to update these ideas today, flipping over to the bullish side of the fence on the INTU $287.50-292.50 Calls, and modifying our strike area on PANW with the $210-200 Puts
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Fresh Ideas:
HD Weekly $245-250 Calls
KEYS Weekly $95-100 Calls 


OTC Updates

Given the turbulent forecast for the markets at large yesterday, our extended watchlist was comprised solely of stocks listed on the OTC Markets. When the big boards are suffering, it’s often a good idea to track OTC activity, which is typically heightened during these periods. We got nice daily moves out of both IQST and HDII.

iQSTEL, Inc. IQST
Range: .1483-.33 | Gain: 123%

Hypertension Diagnostic, Inc. HDII
Range: .0205-.0349 | Gain: 70%