Avid Bioservices Inc (CDMO)

[investingdog]

Interesting observation, the breakeven on Apr 1.5 calls bought at .10 is about $1.60 (ignoring the commission). I am short these calls, so the same applies to me - we shall see on Friday who made the right trade. If we get some good news this week than that trader had some inside info.

I believe you also trade options - these calls were going for 5 cents today, maybe something to nibble at tomorrow.

Talking about that put buyer he did the right thing after we got pancreatic results. I did sell a bunch of shares around $2.20 right after the results but made a mistake buying back too early around $1.70 - did not have enough patience to wait a bit longer. Well, maybe next time...