Avid Bioservices Inc (CDMO)

[investingdog]

Selling PPHM calls for the last several months has worked good for me. I know sooner or later I'm gonna lose some of my trading shares - no problem, that's the part of the game.

Downside in May from here is limited, I don't thing we will see lower than 1.30. Upside is from flat to huge. So, buy share at 1.40, sell call at 0.10 - that covers the risk for the next month. Upside is limited to 0.20 or 15%, which is OK for trading shares.