Humanigen Inc (HGENQ)

[MWM]

$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!