OCGN Ocugen Options Ahead of EarningsIf you haven`t bought OCGN during the Covid pandemic:
Now analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week,
I would consider purchasing the 1usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $0.08.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Ocugen
OCGN Ocugen Options Ahead of EarningsIf you haven`t bought OCGN when they released their Covid vaccine:
Then analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.22.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trading Idea - #OcugenMy trading idea for - #Ocugen - BUY
Entry: 0.95 USD
Target: 8.00 USD (+720% profit)
Ocugen, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies to cure eye diseases. Its product pipeline candidates include OCU400, OCU410, OCU200, and COVAXIN. The firm's modifier gene therapy platform is engaged in addressing retinal diseases, including retinitis pigmentosa, leber congenital amaurosis, and dry age-related macular degeneration. The company was founded by Shankar Musunuri and Uday B. Kompella in 2013 and is headquartered in Malvern, PA.
Institutional Trading of Ocugen
A number of large investors have recently added their stakes in OCGN. JPMorgan Chase & Co. increased its holdings in Ocugen by 20.9% during the first quarter. JPMorgan Chase & Co. now owns 4,015,742 shares of the company's stock worth $13,251,000 after buying an additional 693,786 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Ocugen during the first quarter worth about $47,000. Cetera Investment Advisers purchased a new stake in Ocugen during the first quarter worth about $50,000. Vanguard Group Inc. increased its holdings in Ocugen by 2.8% during the first quarter. Vanguard Group Inc. now owns 10,906,557 shares of the company's stock worth $35,991,000 after buying an additional 301,063 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Ocugen during the first quarter worth about $34,000. Hedge funds and other institutional investors own 21.50% of the company's stock.
Ocugen Price Target Raised to $7.00/Share From $5.00 by HC Wainwright & Co.
OCUGENThe wyckoff method is a very accurate method, There are many variations and purposes--soley to liquidate others or take shares from retail or weak hands, To sell of shares to FOMO traders or breakout traders. Liquidating Other institutions or create misleading Bullish signals and prices to entice investors etc, etc. the real skill is identifying the purpose of price movement, its likely targets of short term liquidity, and long term goals in correspondence to News.
OCGN Earnings Tomorrow! $15 Strike Price calls! WOWOcugen is a biotechnology company focused on discovering, developing and commercializing novel gene therapies, biologicals and vaccines.
They announced yesterday that it will host a conference call to provide a business update and discuss its first quarter 2022 financial results tomorrow, May 6, before the market opens.
As soon as i saw the news, there were also 764 calls with a $15 strike price expiring jan 20 in the options chain.
they paid a 11.5k premium paid for the calls.
Considering that the price is 2.25, such an impressive out of the money bunch of calls made me think it was an insider information about something that could be released tomorrow.
On 2/28/2022 S. Ramakanth from HC Wainwright gave a Buy rating for OCGN and a price target of $8.00, while Robert LeBoyer from Noble Financialhas a $15.00 price target.
I`m extremely bullish on OCGN earnings tomorrow.
Looking forward to read your opinion about it.
Ocugen ocgn Strong candles Big target 10.28hi all bro... OCUGEN
firts target. 5.05 second 5.87 . and 6.10 big target:10.28
*****important- *****
thin line above price is the first target. thin line below price is support.. stop point. Fibonacci correction between the highest price and lowest fiat in the chart area are thick lines.. thick lines are hard support and hard resistances.. main target in fallen assets is the green line . decline in peak assets main target green line **********
thnks goodluck.. always stoploss ..
Ocugen $OCGN - The Roulette TheoryHere is an example of the "Roulette Theory" that I have created by myself. The Roulette Theory is very simple, it is a theory that works on the probability of the candle colours. When a roulette table spins, you have 3 options, Red, Black and Green ( ZERO). The probability of have many REDs is much lower than having more equal amounts of RED and Black. When a Roulette table has many REDs, it is in your favour mathematically and statistically to bet that a different colour appears. The same principal is used here in the "Roulette Theory". The Roulette Theory was created by Missed A Million in 2013 and has a high probability of success. In order to be most effective, the last candle close must be a spinning top doji (Cross Shaped) in the same colour as all other candlesticks.
Ocugen - the next big vaccine stock?OCGN (Ocugen) has formed an inverse head and shoulders structure after completing a 7 wave crashing structure. The first 5 waves up was completed, followed by a recently completed ABC corrective pattern that I believe is also complete. The targets are quite spectacular but so is the possible increase in sales this year. The increase in sales could be as much as 600,000%. Yes Six Hundred Thousand Percent.
OCGN COVAXIN Robust Immune Memory to COVID-19 and VariantsNew Data suggest COVAXIN (BBV152) may provide protection against current and future variants!
data from a Phase 3 trial that included nearly 25,800 participants: 77.8% overall efficacy, 93.4% efficacy against severe illness and 65.2% efficacy against the Delta variant.
52 Week Range 0.28 - 18.77
My price target is the 10.30usd resistance.
Ocugen sees strong support at $7.80Ocugen has tested support twice at the $7.80-$8.00 range. There was a sharp sell-off after WHO approval was announced, but it's likely that approval added $1-$2 to the consolidating price. Two important catalysts are on the horizon: Potential Canadian approval and USA pediatric EUA. Ocugen will resume a strong uptrend if either of these comes through. Historically, Ocugen likes to dip to oversold territory before the strong pump. This is already happening now.
Ocugen's small supply and heavy short interest make it a good candidate for a parabolic run. If you can handle the volatility, I wouldn't sleep on this stock.
Am I doing this Right?I have been following Ocugen for quite some time now and decided to reassess with the recent run up on 10/26/2021.
Using trendlines, fibonnaci and pitchforks it seems that the downtrend will finally break with todays confirmation. (CHECKOUT THE MOVING AVERAGES AS WELLL)
With news of COVAXIN getting WHO approval on NOV 3, I speculate that this will run parabolic to its old prices.
Am i doing this right? whats everybody elses thoughts?
OCGN next movementsWe arribe to the final countdown and go up... If the news are good the movement will be bullish.
I show you my prediction lines:
Blue -> Hard Resistance that if overcome will become hard support.
Red -> Resistance that if overcome will become support.
Orange -> Bearish trend that we broke days ago and that we do not want to see any more.
Good luck to all!
OCGN Ocugen new Covid-19 Vaccine and Price TargetOCGN Ocugen partnered with Bharat Biotech for Covaxin, the first COVID vaccine developed in India to receive emergency authorization.
With the COVID significant rise in cases, hospitalizations and deaths over the last two weeks, vaccines producers are rising once again.
My short term Price Target is 10.30usd
OCGN back to basicsOCGN kind of treading water for now. I think what we need to see are some rock-solid results from COVAXIN, which this rolling submission could be helpful in identifying. The Phase 3 results were interesting. With more warnings coming out about the current SOC EAU vaccines, another option might not be "too late" at this point. But a lot will clearly come down to the results. For now, speculation is probably playing a bigger role as we don't know much more beyond what Ocugen announced this week. Regardless, looking at chart levels, a quick Fib retracement shows a few "pain points" on the chart, namely the 618 fib that has been a frequent resistance level over the last few months.
"On July 2nd, Ocugen reported new evidence from Bharat Biotech. The company shared positive results of its Phase 3 study of COVAXIN™; a whole virion inactivated COVID-19 vaccine candidate. According to the company, it demonstrated a vaccine efficacy in mild, moderate, and severe COVID-19 disease of 77.8% with efficacy against severe COVID-19 disease alone of 93.4%.
“With the Delta variant becoming a dominant strain of COVID-19 in the United States, we believe that the Phase 3 efficacy results reported by Bharat Biotech demonstrate that COVAXIN™ has the potential to become an important option to expand protection against this emerging variant. Combining these data with the only Delta-variant results from a controlled Phase 3 clinical trial, evidence continues to support a favorable benefit-risk profile for COVAXIN™.” - Dr. Bruce Forrest, Acting Chief Medical Officer and a member of the vaccine scientific advisory board of Ocugen. "
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