Sunday, June 10, 2018

IMGN

IMGN had some bearish troubles this past week with the 15+ million share offering.  Worries of shareholder dilution saw a big pullback to just south of 10.  The 10 puts may hold this week but that may be dependent on larger macro issues.  If PUT this week, hold for a gap-fill back to south of 11 over the next few weeks.

Happy trading...

Sunday, June 3, 2018

COT PT @ 19

Cott Price Target Announced at $19.00/Share by JP Morgan


August 17.50 calls showing interest for a long call.  Next few months of PUTS have descent premium for a bullish sell!

Happy trading...

Friday, June 1, 2018

BOX

So nailed it yesterday on BOX 26s.  opened at 1.05, box above 26 today as expected.  These are the equities we trade!


If you missed our call, it's relatively safe to sell July 26s.  This is a stock we wouldn't mind holding if it got put to us.  Much like when we were trading OKTA at 40...


Happy trading...