IGC 1.85 - bought at Friday's close and immediately wrote the Sept.$2.50-calls at .50 cents...almost 30% for 5 weeks. Plus, if a mrinvestpro were to grab-a-holt of IGC, I have an oppurtunity for an additional .65?
Furthermore, as promiscuous as this stock appears, they've kept a clean Balance Sheet and they did cover many bases in this recent PR i.e. FDA-approval(Phase 1), Cannabis, Alzheimers:
announced today that on July 30, 2020, the U.S. Food and Drug Administration (FDA) notified IGC that it has authorized the Company to initiate a Phase 1 human trial study for the Company’s investigational cannabinoid formulation for the treatment of patients suffering from mild to severe dementia due to Alzheimer’s disease