Analyst thoughts on WVE (pharma stock that took a dive this morning)?
WVE short term options are being quoted with very high implied vol today...330%
Why not do covered calls here...1 week to make 15% ??
What do the pharma analysts think about the stock here at $17 ???
you can buy the stock at 17.40 and sell a 17.50 strike 1 week Call for 2.65 thats a 15% return if the stock doesn't move in the next 4 days...annualized to 1000%...crazy right?
thoughts?
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