Lightwave Logic Inc (LWLG)

[nsomniyak]

A down day like today provides a great opportunity to add call options, as premiums decline on down days.

I add Sep 5 calls at 5.60.

The ask on the January 5 calls is only $6.00, you could probably get them for $5.70 or $5.80 - VERY little time premium. A great opportunity if you belive, as I do, that the dip over the last two days is only temporary. Or you could just pay that $5.80 and hit the ask for the December 5 calls.

EDIT: Just added Dec 5 calls for 5.70 with common at 10.68 - almost no time premium at all.