Replies to post #707 on Veru Inc (VERU)

[Alleyba1]

Here Today,

Here is what I did. I bought 900 shares and rounded my position to 5,000 shares. I then sold 10 covered calls for 21 which expires in 8 days and then sold 10 more at 25 that expires next month. I then cashed in 500 shares so I banked some money, but have a core position of 2500. I have heard very positive things are coming out and this drug they kind of stumbled on, but this IS NOT the drug they are waiting for. It is their cancer drug that is the big one.
I probably own a heck of less stock than you, but that is how I decided to play it after letting the last move get away from me. What is you opinion as to how I played it? At the very least I have banked 2 premiums and cashed 500 shares.

[Here Today]

I believe we will start to see a lot of “Short Covering” very soon after that paragraph in today’s PR.