Replies to post #184267 on Lightwave Logic Inc (LWLG)

[Lewrock]

Yes! That was the strike price and date for the fat finger boo-boo!

Your June $6 calls could work out very well. The stock went over $9 after the first deal until Marcelli dumped a bunch of shelf shares on those institutional buyers. The next deal(s) is supposed to be with a bigger name and could drive the price even higher. Good luck with those calls.

I do own 370 Jan ‘25 2.50 calls, which is rare for me. I much prefer to sell puts. However, I believe Lebby is going to land some major commercial deals in the next few months so the timing should work out. I plan on exercising my calls and picking up another 37,000 on Jan 17, 2025 regardless of the price of the stock.