Replies to post #379810 on Anavex Life Sciences Corp (AVXL)

[sab63090]

I think the weekly charts are helpful here, Tom......let's see how it shakes out!
Cheers, Steve

[BAR123]

So I just did an option trade and to me it seems a bit weird. I just sold the December 10 puts and receive $3.30. That seems like an awfully large premium unless of course the options gods know something is wrong and the stock is going to go down but doing this trade the breakeven is $6.70. Someone tell me what’s wrong with this picture.