TopgOptions

VRM another 20.5K Calls in the Options Chain !!

Long
NASDAQ:VRM   Vroom, Inc.
After a block o 35K calls on April 21, today VRM has another 20.5K calls expiring on the same date, May 20, same strike price, $2.5.
They paid a premium of over $200K for the calls.

The chart is full of bullish divergences and the stock is undervalued.

I think the earnings (in 4 days) will deliver a surprise and the stock will bounce to $3!
The stock is now $1.42, a rare buy opportunity in my opinion!

Looking forward to read your opinion about it.

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