Replies to post #85225 on NorthWest Biotherapeutics Inc (NWBO)

[29YEARINVESTOR]

First I would buy the stock below 50 cents and then when it runs to .60 or better sell 25 to 50% of my shares use the 10 cent or better profit to buy options with. when it drops to below .50 buy back those shares you sold then when it runs up again repeat.
I have done this several times now I have over 250 $1options I'm Riding for free and I always keep part of my shares For the run that will come once we get good news. I think we will know before Jan.20th. Once we hit $1 I sell my Shares and then just trade options. At that point Not only will All my risk will be gone but I will have a 50 cent profit per share and my $1options will be worth more. Once they get to $2 I will sell some of My $1 Options and buy $3 options and keep stepping up at each $1 up tick
I bought the Jan.20th $1 call option for 5 to 10cents and the April $1 call for 15 cents. Good Luck with that $7 option. I will not buy an option that Far out of the money, Because You will most likely still be able to buy The $7 option for around 10 cents when we hit $5 a shares at that point I will sell the rest of my $1 to $4 options and then buy the $5 option with part of my profit. If we make it to $10 I will then straddle with a put option to lock in all profits.

[ou71764]

Threefoot, I don't believe you responded to my last response to your options strategy. In my post, I said that if you wanted to minimize risk with options with a strike price of 7, you wouldn't be able to maximize returns. You can do one or the other with your strategy but not both - you will either minimize risk or maximize returns.

I do very little with options but occasionally I dabble (lest anyone think I was not an optimist on DcVax, I still own January 2017 NWBO calls with strike price of 12).

There are so many things to consider...but to me, foremost is that there is a lot of ground between the current price in the low .50's and 7.10 per share, your break even point on the options.

If you buy 10,000 shares at .50, at 5.50 per share, you'd have a $50,000 profit. Options with a strike price of 7 would still be out of the money. And then if the stock then rose another 20% from 5.50, you'd still be out of the money.

There are scenarios where the stock could rise sharply from here, but not reach 7.00. To me, a stock trading under 1.00 per share is already as good as an option.

[GoodGuyBill]

Jan 17 options end in a few months. Do you mean jan 2018 options?

[jdheart101]

Plus just buy the stock , it's a better return on your money , I am making 24 times my money by the time you get in the money