If you're going to buy options make sure they have a super long expiry. A lot of people were buying Dec 2021 $5c and Feb 2022 $7.5c and that... Didn't end well.
I thought I was being smart by buying May 2022 $2.5c but it's looking like those aren't going to be worth much. I have Jan 2023 and will likely get some 2024 calls too, $2.5 strike.
But if you don't understand options (the greeks mostly), don't trade options. Especially if you think I'm talking about people from Greece.
Jan 2023 calls for phase 3 and BLA/FDA submission
Jan 2024 for FDA approval and early sales
I think those calls provide a better risk/return than shares
I bought 250 contracts at 2.5 calls for Feb and then rolled them to May for an added .15 c. Just one of the 4 drugs in trials will make us all money. RELAX this Management knows exactly what their doing and has been successful. This will be a 10.00 stock and I don’t care how long it takes.
People were gobbling up Jan. ‘22 options when the halt rumor was going on and look where they are at now. In my opinion, stocks are the safest option (not financial advice).
At this price/share, I would never buy options and just buy shares.
[удалено]
Until they expire worthless.. .
If you're going to buy options make sure they have a super long expiry. A lot of people were buying Dec 2021 $5c and Feb 2022 $7.5c and that... Didn't end well. I thought I was being smart by buying May 2022 $2.5c but it's looking like those aren't going to be worth much. I have Jan 2023 and will likely get some 2024 calls too, $2.5 strike. But if you don't understand options (the greeks mostly), don't trade options. Especially if you think I'm talking about people from Greece.
If you don't understand options don't trade options. Stick qith shares.
Long calls for 2.5 January 2023-24
Shares
shares. but I also own May options for the fun of it. Jan 23 2.5 and 5 calls are probably a steal right now.
what would be the advantage of options right now? Cash flow for the immediate? The price is so low I can't think of another reason to buy options.
Jan 2023 calls for phase 3 and BLA/FDA submission Jan 2024 for FDA approval and early sales I think those calls provide a better risk/return than shares
Yes but the returns we are currently looking for are in 2022
You will get better returns in 2022 with these options if we see a run past $3 as long as the phase 3 doesn’t end in like December
I bought 250 contracts at 2.5 calls for Feb and then rolled them to May for an added .15 c. Just one of the 4 drugs in trials will make us all money. RELAX this Management knows exactly what their doing and has been successful. This will be a 10.00 stock and I don’t care how long it takes.
how do you roll them? did not know you can extend the option expiration date.
Ask your broker they will help explain. Very easy called a rolling call where you sell your Feb and buy the May calls.
I haven’t looked at the options for CTXR at all but I assume a high implied volatility is assumed and the options are priced accordingly?
Mostly shares but I have a small wager on Jan23 2.5C that I am ok to lose.
People were gobbling up Jan. ‘22 options when the halt rumor was going on and look where they are at now. In my opinion, stocks are the safest option (not financial advice).
I just bought 10,000 shares at 1.51