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CalMustang

07/26/19 12:50 AM

#203872 RE: Jamaalish #203869

Value of FDA approval is not baked in.

Otherwise you wouldn't have analysts with price predictions of $30+ and you wouldn't have daily transactions of hundreds / thousands of Jan 2021 calls with strikes at $30 going for $3/ea and at $37 going for $2.15/ea.

Just today over 800 $30 Jan 2021s were transacted.

Even the October $30 strikes are going for over $0.50 ea.