KeeneOnMarket
Long

Does a Trader really think ECYT will gain 50% in a Month

NASDAQ:ECYT   ENDOCYTE INC
236 3 3
Endocyte             , Inc., a biopharmaceutical company, develops targeted therapies for the treatment of cancer and inflammatory diseases. one one to see how much a stock can move is to look at the ATM Straddle to get two Measured Move Targets. The ECYT             ATM April             15 Straddle is priced at $6.80 implying the stock can move to either $21.80 or $9.20 by april             expiration. Obviously, by the high implied volatility we can tell that their will be a drug announcement in April             . One trader thinks the stock can move to $23.25 as we saw a trader buy ECYt             april             22.5 calls for $.75.

Their Risk: $75 per 1 lot
Their Reward; Unlimited
Their Breakeven; $23.25

Nice
Reply
excellent .
Reply
Nailed it...
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out