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MWM

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Alias Born 03/31/2006

MWM

Re: Neophius post# 24922

Thursday, 02/04/2021 6:54:06 AM

Thursday, February 04, 2021 6:54:06 AM

Post# of 42628
$HGEN Honestly the options are bizarrely priced right now. Clearly there is a massive forward event of an EUA approval causing the implied vol to be so high that I think buying the May calls is only setting up a trade that will make a little more than a double from what the price of just owning the stock would be.

Let's say yesterday I bought some may $20 calls for $9. If the stock heads to $100 you'd have a 500% move with stock whereas with the options you would have a 1100% move with the $20 call. Risk/Reward for the calls is a little on the low side, so buy as much stock as you can imo. That being said I still own a ton of calls, yes I am kind of stupid lol!