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Sunday, August 07, 2016 12:37:56 AM
I would never invest in options unless 2 conditions are met :
_I'm sure there is binary event coming very soon, ideally the day following my purchase
_Implied volatility is much undervalued regarding potential gain after binary event.
I don't know what is the strike on your options, if it is $1 then no worries, even management which is usually quite silent seemed confident to meet Nasdaq $1 requirement before December. If it is $10 then it is still not all lost but then if patients don't have progression it can delay results and that would be for a good reason, that is the problem with options, you can lose all money in them even if you are right on price direction. That is why I stick with common stock, if results come a bit late no worries I will still be fully invested.
_I'm sure there is binary event coming very soon, ideally the day following my purchase
_Implied volatility is much undervalued regarding potential gain after binary event.
I don't know what is the strike on your options, if it is $1 then no worries, even management which is usually quite silent seemed confident to meet Nasdaq $1 requirement before December. If it is $10 then it is still not all lost but then if patients don't have progression it can delay results and that would be for a good reason, that is the problem with options, you can lose all money in them even if you are right on price direction. That is why I stick with common stock, if results come a bit late no worries I will still be fully invested.
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