MBRX Archives - Blue Horseshoe Stocks

Monday’s Movers, 3 Fresh Ideas

Another Week Started Off Strong:

The week started off right for us on Monday, with all of our ideas once again yielding up solid intraday flip chances after appearing in our premarket report for the session. We’re trying not to get too confident, despite going through such a long stretch of hitting on every idea. As we work on the seventh week of our streak, remaining focused is definitely the key.

Our interests for yesterday were the SMMT Weekly $23-24 Calls, the NVDA Weekly $136-137 Calls, and the SPY 02/24 $602-603 Calls. These were the best moves they produced on the day, many of which were really impressive:

SMMT Weekly $23-24 Calls
$23: .05-.39 (+680%)
$23.50: .04-.20 (+400%)
$24: .05-.15 (+200%)
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NVDA Weekly $136-137 Calls
$136: 3.80-5.65 (+49%)
$137: 3.44-5.20 (+51%)
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SPY 02/24 $602-603 Calls
$602: .11-.79 (+618%)
$603: .06-.42 (+600%)

Fresh Options Ideas:
SMCI Weekly $52-54 Calls
PLTR Weekly $92-93 Calls
HD Weekly $380-385 Calls

Extended Watchlist:
ONVO, DMN, BREA, WAFU, FMTO, MBRX, GTBP, MFI, LVTX

Options Review, 4 Fresh Plays for Friday

Big Moves on Thursday:

We ended up in fine shape once again on Thursday, after having placed three possible plays on watch in our premarket report for the session. It’s been a solid week all around, and this day was no exception. We even unearthed a thousand percent gainer in the CSCO chain, so all in all, it was a rather exciting outing.

Our specific targets for yesterday were the CSCO Weekly $65-67 Calls, the APP Weekly $487.50-492.50 Calls, and the TD Weekly $88-86 Puts. Their biggest positive moves on the session were as follows:

CSCO Weekly $65-67 Calls
$65: .02-.22 (+1000%)
$66: .02-.15 (+650%)
$67: .01-.05 (+400%)
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APP Weekly $487.50-492.50 Calls
$487.50: 1.46-3.50 (+140%)
$490: 1.17-3.00 (+156%)
$492.50: .92-2.47 (+168%)
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TD Weekly $88-86 Puts
$88: 4.50-6.10 (+36%)
$87: 3.60-6.04 (+68%)
$86: 2.94-5.23 (+78%)

Fresh Options Ideas:
PANW Weekly $200-195 Puts*
COIN Weekly $295-290 Puts*
ABNB Weekly $160-162.50 Calls*
TSLA Weekly $360-362.50 Calls*

*Trading options contracts on their day of expiration should only be attempted by experienced traders

Extended Watchlist:
VRPX, MGOL, MBRX, STAI, FFIE, ZCAR, SRM, WRD

DECN Recap & More

Decision Diagnostics, Corp. DECN

We began tracking DECN just under three weeks ago, back on the morning of March 19th. The stock caught our attention after announcing that it was working on a rapid-result COVID-19 test. Subsequent to that point in time, it was trading for as little as .056/share.

Yesterday, following another tag in our extended watchlist, and as an update on the company’s coronavirus test was provided (excerpt and link below), the stock reached some very impressive new highs. It’s not the first coronavirus related play we’ve scored on, and it won’t be the last.

DECN ran 216% intraday from .125 to a new high of .395. From our initially observed low from the week before last, the stock has now exhibited an upswing of 605%

Decision Diagnostics Corp. (OTC PINK:DECN) through its subsidiary Pharma Tech Solutions, Inc. …announces today that the company has received the Pre-EUA Acknowledgement letter from the U.S. FDA for device (serial number) PEUA200232, GenViro Covid-19 Screening Kit. This grant by the FDA is a major milestone in our GenViro!™ Covid-19 test kit development (>>View Full PR)

Johnson & Johnson JNJ – Recap

After seeing success with a number of different targets within the JNJ chain over the past week and change, we rolled our potential strike prices up to the JNJ Weekly $140-142 Calls yesterday morning.

Being one of the lead candidates for potentially developing an effective COVID-19 vaccine, it puts JNJ in a somewhat unique position, as experts have repeatedly stated that the world cannot begin to fully recover until a viable vaccine is being widely administered sometime next year.

Our move to the $140-142 Calls proved prudent yesterday, as early activity provided the following intraday opportunities:

JNJ Weekly $140-142 Calls
$140: .89-2.88 (+224%)
$141: .62-2.31 (+273%)
$142: .43-1.67 (+288%)
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Fresh Ideas:
LEVI 04/17 $12-13 Calls
SGH 04/17 $22.50-25 Calls

Extended Watchlist:
BIEI, MBRX PINS, BNGO, SONN, EFC, NYMT

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

Our Winning Formula

Our Winning Formula

Our operations around here on a daily basis have become slightly repetitive, but that’;s only because what we do produces results so consistently. So each day it has become custom for us to highlight our ideas’ potential gains from the previous session or sessions, and to offer up fresh ideas for our tracklists. Today will of course be very similar.

We had a running idea with some SPY Calls on Monday, so first we’ll highlight the new highs reached by those contracts, and then the figures from the fresh ideas in yesterday’ premarket report will follow, as those enjoyed significant single session moves as well.

SPY Weekly $323-324 Calls
$323: 3.30-7.35 (+123%)
$324: 2.71-6.52 (+141%)

We want to stick with the rising SPY as we head into the end of the week, and roll up to the Weekly $332-334 Calls.
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BP Weekly $35.50-37 Calls
$35.50: .91-1.45 (+60%)
$36: .56-1.00 (+79%)
$36.50: .28-.60 (+114%)
$37: .12-.32 (+167%)
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RL Weekly $119-122 Calls
$119: 6.20-7.10 (+15%)
$120: 2.65-6.00 (+127%)
$121: 2.33-5.70 (+145%)
$122: 1.67-4.55 (+175%)

Fresh Ideas
FSLR 03/13 $55-57 Calls
DIS Weekly $144-145 Calls

Extended Watchlist
MBRX, SPCE, NVNT,