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OPK: Like this one a lot if we can gap up and eyeing short on a 6.50 break perfect world. I’m not expecting that though. Would be ok shorting pops using a 6 guide as well on weak open.
HTBX: This one an IBIO both have SSR tomorrow so less exciting for sure, but eyeballing if they can push enough. When a name is on SSR, it’s really got to get to my extended level, or I won’t go near it. HTBX would reshort into 3.50s, and IBIO would reshort into 7. If I don’t see those levels tomorrow am early, I’ll ignore those tickers for the day.
NOVN: Would watch this for weak open 1.10s for possible long back up. This has a nice gap into 1.80s to fill if it wants to. Normally I’d say that’s a long shot from here after a 300 mill vol day that was probably the fireworks, but with the way names are going crazy lately, it may well be in the cards, never know. So either 1.50-.60+ on a gap up/open shove for the short, or weak open 1.10 area hold for long.
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See you out there!
– D
HTBX / IBIO description regarding SSR is priceless, thanks Dante!
Thanks