Replies to post #501460 on Anavex Life Sciences Corp (AVXL)

[AlchemicalVoyager13]

RE: $7 vs $10 calls. Costs another dollar, maybe 90 cents, to buy $7- strikes for Jan 27. So your NET cost is $2.50-.60 to $1.60 to pick up a potential $18 profit vs a $15 profit. Not worth another 2/3 in cost.

[Steady_T]

As far as the $7 vs $10, I have not run the numbers.

Are you talking about selling $25 calls or puts?