Wouldnt touch this again unless it retract to range 10-12
DonnaSko
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@tuongvy0501, I have lots of calls on this one. I appreciate your post. I'm going to sell, then wait for a chance to get back in.
beginner_chance
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@DonnaSko, Depends on expiration cycle.. Remember the time decay if it is just call option.
Vertical spread/ Modified butterfly would be better to avoid time decay. Buy the expiration cycle until the next trials results but with the lockdown eased, don't expect it to skyrocket again unless they have the final product.