Holy Moly: SRNE call options up +8800% today....Claims to have Covid 19 cure

Discussion in 'Options' started by Nighthawk, May 15, 2020.

  1. #21     May 15, 2020
  2. never2old

    never2old

    lets compare notes on May 22
     
    #22     May 15, 2020
  3. ElCubano

    ElCubano

    I’m not long. I didn’t mean it in bad way either. Good luck, I hope it works out for you.
     
    #23     May 15, 2020
  4. ElCubano

    ElCubano

    I think so, but in between it can go to $20 lol.
     
    #24     May 15, 2020
  5. never2old

    never2old

    ^^ lets see & good luck to you
     
    #25     May 15, 2020
  6. CET

    CET

    I will not be surprised if the SEC gets some complaints about this PR and its content. Don't forget that a few stocks making COVID-19 claims got halted. Now that would be funny on this one after 500M in volume.
     
    #26     May 15, 2020
    VPhantom likes this.
  7. I bought the $5s at $.5, we talked about it on another thread. Bought at $5.5, sold at $7.34 only to watch it hit $9, it's like 2002-03, just wish I had my 30 year old body. Too old and sick to play crazy stocks like this. Codx, apt, ino all move with without the chaotic drops SRNE did.
     
    #27     May 15, 2020
    never2old likes this.
  8. Thank you Never2Old for reminding me to keep a eye on it! You probably slammed it out of the park, we need a thread where Elite Members can see our picks without getting bugged by promoters from StockTwits or Reddit.
     
    #28     May 15, 2020
  9. schizo

    schizo

    #29     May 15, 2020
  10. never2old

    never2old

    similar to your thread on SRNE, be good to have the 'one pick/stock of the day' thread.

    FWIW, my go to every morning is Barchart 'highest implied volatility', is where I picked up SRNE first thing this morning. No rocket science, no media pick of the day or stocks in the news, just Barchart.

    https://www.barchart.com/options/highest-implied-volatility/stocks

    from Barchart on April 29 I picked out MYOK was 439% IV - with real money I bought 200 shares at $64.95, sold the $65 CC expiring 15 May for $14/share, figured I had a good chance with a nice downside protection.

    And look what happened to that stock that ended today $121.60

    This evenings pick is NERV sell the $5 put expiring 19 June for $1.20

    https://www.barchart.com/stocks/quotes/NERV/options
     
    Last edited: May 15, 2020
    #30     May 15, 2020