No, its a 6/4 strike. Premium is 1.25/.50
No way you could collect a $2 premium on a 13/11. It would never fill at that price.
Is this a red flag or white?
- Thread starter 7out
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No, its a 6/4 strike. Premium is 1.25/.50
No way you could collect a $2 premium on a 13/11. It would never fill at that price.
Like that then https://www.optioncreator.com/st0dwo3
Why not? Just check again for 12.50/11 https://www.optioncreator.com/st7n8ni,
it's even better
by using the following option data from Yahoo of yesterday.But the P/L curve is not that good, IMO.
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Very nice, I stand corrected.
Like that then https://www.optioncreator.com/st0dwo3
Why not? Just check again for 12.50/11 https://www.optioncreator.com/st7n8ni,
it's even better
But the P/L curve is not that good, IMO.
Bid/ask on the $11 is $3/$5.10
Bid/ask on the $12.50 is $4.50/$5.80
You can't go by last price because some of those trades may have executed several minutes or even hours apart.
Yes, that's true, but one can use the midpoint of Bid and Ask as an orientation,
and the yahoo data in the screenshot says/said 2.45/5.90 and 5.10/7.00 .
Getting 6.05 and 4.175 as midpoints --> https://www.optioncreator.com/st7n8ni
Still a little arbitrage of 38c present
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One thing with CRBP I don't understand: their press release from Aug 5, 2020
https://ir.corbuspharma.com/press-r...maceuticals-completes-enrollment-in-determine says this
"The Company expects to report topline results from this study in the fourth quarter of 2021."
That's more than a year till Q4 2021.
So then why does the stock and its options have such a high volatility like above 300% ?
Never seen such a thing. Usually the IV begins to rise only about a few months before the FDA decision.
https://ir.corbuspharma.com/press-r...maceuticals-completes-enrollment-in-determine says this
"The Company expects to report topline results from this study in the fourth quarter of 2021."
That's more than a year till Q4 2021.
So then why does the stock and its options have such a high volatility like above 300% ?
Never seen such a thing. Usually the IV begins to rise only about a few months before the FDA decision.
Yes, that's true, but one can use the midpoint of Bid and Ask as an orientation,
and the yahoo data in the screenshot says/said 2.45/5.90 and 5.10/7.00 .
Getting 6.05 and 4.175 as midpoints --> https://www.optioncreator.com/st7n8ni
Still a little arbitrage of 38c present
The spreads on many stocks get wide at close so you can't go by that. On live trading I'm seeing the midpoint at $.90 on those contracts. But if you think you can get in it, go for it. You only have to put up $150 to try.
I'm sure I've read everything about Corbus. I think you're confusing 2 different drug trials (and results). They have 1 drug lebasarum (or something sounding) that it's near the phase 3 completion on a treatment for systemic sclerosis and in phase 2 for another trial of a dug for cystic fibrosis in mid/late 2021.
Also another good write up was done yesterday:
https://www.marketbeat.com/originals/corbus-pharamceuticals-nasdaq-give-a-bold-buy-sigmal/
Personally, I just want the stock to gyrate back and forth though I do feel (highly likely) it will appreciate in the near term causing my option play not to be as enticing in the future as it is currently.