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

I agree with this.

However, as a trader I learned my lesson the hard way a long time ago that we don't trade truth, science but trade rumors, hypes and the reality of the market. Often, to make money, science be damned.

 

^^ that's it isn't it, zero emotion, focus 'just' on the numbers & the money

like the lyrics in the song 'spinning wheel' trading is no different.

 

We checked our emotion and believes at the door when we enter the trading room.

 

SRNE up +34,62% pre-market. Ay, ay, ay. These juicy call options will be worth a nice chunck of $ !!!

 

Last price $10.12....

 

Last price $8.12. I am out.

Thanks for the show!

 

congrats

BTW, did you say what price you bought in at or whether it was a paper trade or real money?

if you bought puts [what strike price & expiry], maybe just maybe you'll double dip?

high put activity

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

 

what a fake news & pump & dump that was

see the options

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

 

I have a humble request:

Next time post it before the pumping not after so I can join in the fun.