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Biotech / Medical : momo-T/FIF
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To: scaram(o)uche who wrote (11684)9/28/2018 10:36:18 AM
From: tuck  Read Replies (1) of 12215
 
Re VKTX:
Hasn't blinked, after hours. Down 3% on light volume. Was ready to grab some, if it broke into 17s. Ha!
Well, I nibbled a bit via Oct 15 put sales just now. Thanks for all the insight from you, MZ, and BJ. Breakdown analysis suggests a price target below $14, but that overly ignores the fundamentals that got it $20, IMO.

I've already done a couple PIRS trades this summer, too, basically selling puts when it gets close to $5. I would still be comfortable doing that.

Cheers, Tuck
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