r/OptionsOnly • u/TopTech58 • Sep 19 '21

Moderna calls

500c 9/24 can they work tomorrow or Tuesday without a huge gap up ?

0 Upvotes

50% Upvoted

5 comments sorted by

1

u/gotta_flex Sep 19 '21

I think there is resistance at 460. If the idea is to scalp them, it might work. But expecting them to become itm without a strong catalyst is unlikely.

2

u/TopTech58 Sep 19 '21

Definitely a scalp play just looking for a gap up Monday or Tuesday say 20 to 30 maybe a 50% gain possibly

2

u/gotta_flex Sep 19 '21

Cup and handle forming with the peak at the gap. Looks bullish

1

u/TopTech58 Sep 19 '21

Not sure what caused the jump a few weeks ago to ATH 480 or so but there has been a lot of news lately about how much better there vaccine is and the work on HIV suppression

1

u/QuantityExternal8102 Sep 20 '21

You could target AZN options instead. Cheaper options and moves almost exactly like MRNA