send this drug flying today. I bought some cheap calls just now. It was chaos when CNBC reported the news this news. options went up like craze. Some position volumes r higher than open interest. Anyone follow this stock?
When I first heard it I was looking to buy oct 10 calls when bid was 0.05 ask was 0.1. In a few seconds they exploded to 0.75 while the stock spiked over $10. The implied voloatility went up to. I then obeserve & waited for it to calm down to enter calls. It will be my swing play. Both the stock & option volume surged big time.