Replies to post #4966 on Synaptogenix Inc (SNPX)

[MrGuru]

MaxTok:

Both options have good leverage, however the implied volatility is too rich for my taste (114 % and 110.9 for the $10 calls for June 16 and 21 July respectively.)

I would purchase options in spite of these large I.V. if there were a certain binary catalyst before the expiration time. What we have in the future are the reports for 17 weeks and the proceeds to start P3 (well and the potential of BP intervention.). However, we don't know when any event will take place.

So, I believe that is better move to straight own the stock in spite of the money being tied.