Dec. 29 at 11:57 AM
$ITP
$175M assets
$3.9M marketcap
Technical chart play
16m float
No dilution
No cashless warrants
Weekly gearing up for 1 year anniversary to
$1
The Play
Sell covered puts .40
Buy .50 calls .05
Commons .23
Calls easy 1000% to
$1
Shorts should let her go
Easy 2 way play commons up tp
$1
Puts down .23
Will get eyes thru .2583 gap to .3123
Volume on the gap fade important
How to play
Buy 25% of position at .23
Wait to make sure .22 holds to add another 25% and leave the rest for possible .204 gap fill, only .006 gap consolidation could have taken care of that
Thru .2583 add full
Sell .3123/.35 and wait for the fade to add back for run
Multi day if she starts the reversal this week