Feb. 14 at 2:18 PM
Jumped back into
$CHPT on Friday after sitting on the sidelines for a while. The setup looks clean. I grabbed 20 of the Aug 26
$4 calls at
$2.27 — not a lotto, just a deep ITM play with real intrinsic value. With CHPT around
$5.80, these calls were basically stock exposure with only 47 cents of time premium. High delta, defined risk, and way more efficient than buying shares outright.
Post‑market already tapped
$6.00, which is exactly what I wanted to see.
Buyers stepping back in and sentiment shifting off the lows. This is a simple bet that CHPT stabilizes, rerates, or catches a strategic interest. I don’t need fireworks, just a move toward fair value.
Any partnership, margin improvement, or M&A chatter sends these calls flying. Friday gave a rare asymmetric setup. I took it.
If CHPT keeps grinding back toward fair value, these
$4 calls will pay out beautifully.
