Replies to post #501443 on Anavex Life Sciences Corp (AVXL)

[AlchemicalVoyager13]

110% correct. You hit it on the nose,

[baltimorebullet]

I said selling the $25's but I can see how it could be interpreted as the inverse.
Time decay is minimal early in a long dated option like this and some of us expect a price run up in the short term.
Having said that, I understand this play is a package deal to keep costs fixed.
Just wondering if you had considered this.
You posted that you've been buying Jan. '27 calls lately with the possible intent of selling them later.
If the share price runs up, will you consider selling $25's on them?
Also, did you happen to run the numbers on the $7 strikes vs the $10's?