CVTX (paper trade only , too many unknown)
FDA hearing on 1/27 .
Feb vols at 85 , but at previous FDA event vols reached 120.
Buy CVTX (24.70)
Sell Jan 25c (0.45)
Buy Feb 25p(2.85)
At Jan exp close the cover call and buy FEB 25c .
Hopefully in the next four days stock won't move...