Looks like a decent setup, but possibly early and unpredictable.
Dec or Jan calls are cheap enough for a tiny position.
Dec or Jan calls are cheap enough for a tiny position.
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Nice breakout.
Options are surprisingly not too expensive so I picked up some March 2.5c. Tiny position.
Options are surprisingly not too expensive so I picked up some March 2.5c. Tiny position.
Shows how bad time decay is on near term OTM options. But they are ITM now so I think if CPRX can rally the rest of December they are good.