Two intriguing ideas:
CTIC $2.93 has 13,828 March 18 $3.00 Calls. .25x.30
IQ($5.05) has insane call volume on options expiring Friday to Monthly $7.50 Calls(12,000 Calls). IQ has bounced off $4.9 twice back to $5.10. Social Media is promoting it, no idea how to decipher that in a Market wanting to head down.
CTIC could do a shelf or Secondary killing all the Call options value. The news says they will receive a $60 million milestone payment. Hopefully management won't screw everyone over holding calls, they often do though.
CTIC $2.93 has 13,828 March 18 $3.00 Calls. .25x.30
IQ($5.05) has insane call volume on options expiring Friday to Monthly $7.50 Calls(12,000 Calls). IQ has bounced off $4.9 twice back to $5.10. Social Media is promoting it, no idea how to decipher that in a Market wanting to head down.
CTIC could do a shelf or Secondary killing all the Call options value. The news says they will receive a $60 million milestone payment. Hopefully management won't screw everyone over holding calls, they often do though.