Replies to post #42360 on Elite Swing Trades

[JLS]

Again Re. CMRX,

Just before close, purchased CMRX May 20 '16 $5 Calls for $1.22.

Stock last traded at $5.91.

So, option intrinsic value is 5.91 - 5.00 = $0.91.

Option time value would then be 1.22 - 0.91 = $0.31.