Avid Bioservices Inc (CDMO)

[investingdog]

<< So they should keep us under 2$ because the calls outweigh the puts >>

Calls outweigh puts, that is correct, but the ideal closing price for option writers is $2 - to burn both $2 calls and puts. The number of $2 calls and puts together is about 6,000 contracts, probably not enough to push the PPS much. Looks like price will be flat today, probably close around 1.80 or slightly lower. I would like to see it go up close to $2 to sell some shares I picked up yesterday around $1.65

Here is another option pain calculator

http://www.optionpain.com/OptionPain/Option-Pain.php