Mystery Stock Puzzle - Would you buy the $117.70 Calls

Mystery Stock Puzzle - Would you buy the $117.50 Jan24 Calls?

1. High flying Nasdaq tech stock at all time highs.
2. Stock at $116.24.
3. Would you buy the $117.50 Jan24 Calls.

I have eliminated all noise for you to make your decision. Can you guess the stock and Fridays close? Can it go to 120.00?

Think outside the box

 

No.

Why would anyone in their right mind buy a call that expires this friday?

 

Cheap weekly options going with the trend, which is up.

 

The market is too choppy to gamble right now.

 

The DOW and S&P500 are at all time highs. The Nasdaq is at a multi-year high fast approaching an all time high. The stock in this puzzle is a VERY high profile Nasdaq stock, and we are getting into earnings soon.

 

1) Theta will be a "bitch" but sigma should make the trade "good", especially if you can gamma-scalp around the position.
2) Friday's close? ..... A strike price! ..... Which one? ...... You tell us.

 

Yes, I would buy the option if it was $0.01.

You ever think it would be important to include the option price in your puzzle?

 

Days range $0.15 to $0.38. It closed at $0.29