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Replies to #893 on Durect (DRRX)

yanquitrader

12/04/19 6:50 AM

#894 RE: BooDog #893

Another decent play is to purchase shares at present price and sell January $2.50 calls at $0.30. If they get called, you make almost 25% in 6 weeks. Also buys you downside protection to $1.90. Rare you can get near term options on a quality company with that kind of return.