Feb. 22 at 1:24 PM
$AKBA Welcome to ER week.
If you are new money so much opportunity here. Especially if you are only looking for a 2X payout.
This is actually tempting me to go get new money and BORROW
$200K. Then write the calls take the premium and immediately pay down the loan to under
$100K
Trade idea NFA:
Buy commons:
$1.20
Sell
$1 jan calls : .80 cents
New avg .40 cents
You break even at .50 ( inc holding cost and opportunity lost cost)
Max payout
$1 which is 100% profit .
All you need is for akba to limp into January around
$1