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Wizard

SELL PUT OPTIONS AT STRIKE 15.00USD (FREQ)Budget 10,000USD Stocks covered: 666 No leverage. Received premium: 666USD Profit per day: 24,66 USD Pace at 90,03% p.a. Risk: this is up to you, you can close the position when you reach your max. desired loss. Its good to use discretionary approach and manage the risk from day to day. If the price will not fall rapidly than time is our friend and the profit will accumulate. Stay ready to take action on 1st April when the earnings are announced. If they worse than expected its good to liquidate at least some of the positon or to buy some calls around strike 7.50USD - 10USD. I will provide updates of what I am doing... Fundamentals: "Frequency Therapeutics is a clinical-stage biotechnology company developing a disease-modifying therapy for the treatment of sensorineural hearing loss (SNHL), the most common type of hearing loss. There are no FDA-approved medicines for SNHL yet. In a phase I/II study, FX-322 demonstrated a statistically significant and clinically meaningful improvement in key measures of hearing loss, including clarity of sound and word recognition, with no serious adverse events observed, according to the Company. Frequency Therapeutics has an exclusive license agreement with Astellas Pharma Inc. , under which Astellas is responsible for the development and commercialization of FX-322 outside of the U.S. The deal, signed last July, is worth $625 million, including the $80 million upfront payment received by Frequency Therapeutics." (source: nasdaq.com) Frequency Therapeutics. could not make a profit so far and none of their products is approved by FDA, but since they got some statistically significant results I am confident that it´s the matter of time when they start pulling some real sales and hopefully also profits. Because of this I am confident that more than 56% drop within 27 days will not happen and the option will expire worthless.
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by litwizard
11
American Airline Long term buy position, would not over-leverLong term buy position, looks like this stock will recover when travel disruptions come to an end, fundamentally speaking. From a Technical perspective, the stock is just.. cheap. This comes under a "value invest" category for investing, in the short - mid term. Yes I know Supreme over-lord Buffett dumped this stock a while back, doesn't mean it still won't retrace over time. Remember, there is a high chance that there are other stocks or financial instruments in existence, which will offer a higher ROI than this stock, meaning your money may be more "valuable" elsewhere in the market. I still think this will retrace to bring you at least 100% returns, over time. This stock has the possibility of retouching a $1.93 extreme hard-support area, but I doubt this will actually happen. Risky, and I expect this to be quite a volatile stock, so I would cap the amount of investment that goes into this trade. To condense, I believe this stock is in the process of a reversal. High Volatility = Smaller Lot size, careful. -Divit-
NASDAQ:AALLong
by Divit_R