MGRX Archives - Blue Horseshoe Stocks

Monday’s Movers, A Duo of New Ideas

Another Week Off to a Strong Start:

Things kicked off as well as could be hoped yesterday, despite not having any earnings reporters that really interested us. We hashed out a couple of possible ideas for our daily premarket report and got pretty good results back in both cases.

We were looking at the PDD Weekly $140-142 Calls, and the SPY 09/30 $571-570 Puts for the session, and here were the greatest intraday upticks in each of them:

PDD Weekly $140-142 Calls
$140: .3.00-5.71 (+90%)
$141: 2.70-5.04 (+87%)
$142: 2.57-4.70 (+83%)
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SPY 09/30 $571-570 Puts
$571: .46-3.10 (+571%)
$570: .24-2.26 (+570%)

Fresh Options Ideas:
PAYX 10/18 $135 Calls
MKC 10/18 $80-85 Calls

Extended Watchlist:
SLXN, HOLO, XHG, SISI, MGRX, SGMT, NCI

Monday’s Sweep, Trio of Fresh Plays

Monday’s Movers:

We kicked things off for the fresh trading week in solid fashion yesterday morning. Despite a lull in earnings reports, we still found an array of four fresh ideas for our premarket report, and those targets fared pretty well, with some nice intraday upswings across the board.

We were looking at the BMO 06/21 $90 Calls, the AMZN 06/21 $177.50-180 Calls, the AMD Weekly $170 Calls, and the NVDA Weekly $1125-1135 Calls, a pretty good selection, which posted the following numbers for Monday’s session:

BMO 06/21 $90 Calls
$90: .95-1.60 (+68%)

AMZN 06/21 $177.50-180 Calls
$177.50: 1.49-2.59 (+74%)
$180: .73-1.35 (+85%)

AMD Weekly $170 Calls
$170: 2.03-2.69 (+32%)

NVDA Weekly $1125-1135 Calls
$1125: 23.98-40.00 (+67%)
$1130: 21.71-37.00 (+70%)
$1135: 19.70-33.66 (+71%)

Fresh Options Ideas:
BBWI Weekly $50-49 Puts
DCI 06/21 $75-80 Calls
TALO 06/21 $10-12.50 Calls

Extended Watchlist:
MLGO, SOBR, CORZ, ANNX, FRES, MGRX, FGEN, BNZI, GTVH, IGPK, RONN,

Monday’s Movers, 3 New Ideas

Good Beginning to a Fresh Week:

We fared pretty well for the first day of the fresh trading week yesterday. We offered up three possible trading ideas in our premarket report for the day, and we ended up witnessing some decent intraday moves from all three of them. We have been managing to be pretty mistake free in recent weeks, and it looks like we’re off to another good start.

Yesterday potential targets were the PANW Weekly $315-317.50 Calls, the WIX 06/21 $145-150 Calls, and the GLBE 06/21 $35 Calls. Those saw the following modest-to-solid gains on the session, with the WIX Calls taking the cake in terms of percentage gains. Here’s how everything shook out on Monday:

PANW Weekly $315-317.50 Calls
$315: 15.48-21.27 (+37%)
$317.50: 14.19-20.03 (+41%)
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WIX 06/21 $145-150 Calls
$145: 9.15-26.20 (+186%)
$150: 6.09-20.90 (+243%)
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GLBE 06/21 $35 Calls
$35: 1.35-2.23 (+65%)

Fresh Options Ideas:
LOW Weekly $232.50-237.50 Calls
PANW Weekly $312.50-307.50 Puts
M Weekly $19-20 Calls

OTC Recaps:

Here’s a couple of multibag runners that we’ve recently flagged in our extended watchlists. Click links to see the reports in which they were first included.

Ronn, Inc. (OTCMKTS:RONN)
First Alerted: May 17th
Subsequent Gain: .0031-.017 (+448%)
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Green Giant, Inc. (OTCMKTS:GGEI)
First Alerted: May 15th
Subsequent Gain: .0051-.018 (+253%)

Extended Watchlist:
AGRI, MGOL, BDRX, MGRX, MTC, CTXR, MMAT, EDBL, DPLS, QEDN

CBIH to Begin Clinical Trials, Options Review & 3 New Ideas

Cannabis Bioscience International Holdings, Inc. (OTCMKTS:CBIH) – News Alert:

We’ve got another fresh PR from CBIH to hit the wires this morning, and it concerns one of the primary topics that was featured in our initial report on the company, Orthocann. It’s a cannabinoid-based knee injection for sufferers of chronic osteoarthritis, and it appears set to undergo clinical trials, per the following announcement:

HOUSTON, TX–(Newsfile Corp. – March 20, 2024) – Cannabis Bioscience International Holdings, Inc. (OTC Pink: CBIH) has announced the enrollment of the first patient for the clinical trial of its new intra-articular cannabinoid-based injection for knee osteoarthritis. The company plans to test the product on its first participant, and after careful collection and analysis of clinical outcomes, start enrollment of a bigger sample of patients to administer the treatment and further evaluate its efficacy. (>>View Full PR)

For more information on CBIH, please visit cbih.net
and/or contact Peter Nicosia at (585) 703-6565 with any inquiries

Successful Options Review:

Yesterday’s session turned out pretty well for the potential options trading targets that we mentioned in our premarket report. Two out of the three ideas produced some nice intraday movement, while the third was a set of May contracts that we may yet return to for an update. Speaking of which, in addition to outlining yesterday’s gainers, we also have a couple of longer-term ideas that we formulated in recent reports for which we’ll provide a recap.

Yesterday’s runners were the STNE Weekly $16.50-15.50 Puts, and the DLO 04/19 $16-15 Puts, and the last two updates, on the SAIC 04/19 $135-130 Puts and the ADM 04/19 $57.50-60 Calls have links to the reports in which we first alerted on them.

STNE Weekly $16.50-15.50 Puts
$16.50: .33-.53 (+61%)
$16: .15-.26 (+73%)
$15.50: .07-.15 (+114%)
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DLO 04/19 $16-15 Puts
$16: 1.00-1.52 (+52%)
$15: .60-1.00 (+67%)
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SAIC 04/19 $135-130 Puts (Alerted on 03/18)
$135: 6.26-9.75 (+56%)
$130: 2.73-5.20 (+90%)
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ADM 04/19 $57.50-60 Calls (Alerted on 03/11)
$57.50: 2.15-4.31 (+101%)
$60: 1.04-2.56 (+146%)

Fresh Options Ideas:
PDD Weekly $149-152.50 Calls
GIS Weekly $71-72 Calls
INTC Weekly $42.50-43.50 Calls

Extended Watchlist:
OBLG, JAGX, MGRX, ETAO, TGL, ENSV, TSHA, IGPK, BCEL, OPTI

Second Straight Flawless Outing, 5 New Ideas

Another Sweep on Wednesday:

Things kept cruising right along for us on Wednesday following a huge day on Tuesday in which we fired off six ideas and blew them all out of the sky. It was another flawless outing for us, this time with five potential plays in our premarket report, and once again we broke out the broom and swept the board clean with five sets of solid runners!

Those targets were the BA Weekly $185-190 Calls, the TMUS Weekly $142-144 Calls, the TXN Weekly $139-137 Puts, the GOOG Weekly $133-131 Puts and the MSFT Weekly $342.50-347.50 Calls, and the moves they all recorded were quite impressive. Here’s how it all shook out for the session:

BA Weekly $185-190 Calls
$185: .34-2.70 (+694%)
$187.50: .37-1.04 (+181%)
$190: .09-.84 (+833%)
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TMUS Weekly $142-144 Calls
$142: .42-1.87 (+345%)
$143: .40-1.37 (+242%)
$144: .12-.92 (+667%)
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TXN Weekly $139-137 Puts
$139: .46-.99 (+115%)
$138: .30-.77 (+157%)
$137: .16-.43 (+169%)
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GOOG Weekly $133-131 Puts
$133: 3.80-6.84 (+80%)
$132: 3.15-5.85 (+86%)
$131: 2.53-4.98 (+97%)

MSFT Weekly $342.50-347.50 Calls
$342.50: 1.45-2.49 (+72%)
$345: .87-1.52 (+75%)
$347.50: .50-.88 (+76%)

Fresh Options Ideas:
META Weekly $290-285 Puts
IBM Weekly $137-139 Calls
NOW Weekly $547.50-555 Calls
EWW 11/17 $65-62.50 Puts
BMY Weekly $55-53 Puts

Extended Watchlist
SFR, ABVC, PXMD, MGRX, NXTP, AIRE, BLFR, LGIQ, BBUZ