What I like to do is slowly enter trades I like using the wheel option strategy. Selling small position Cash Secured Puts until assigned and then flip it into a strangle where I sell covered calls against the shares I was assigned while also selling more cash secured puts to better leverage myself against market direction of both ways. For instance, with the ongoing conflict between Russia and Ukraine, I believe oil prices will continue to rise with the continuation of a low...

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$Dare Bioscience (DARE.US)$ Looking good for re-entry tomorrow PM. Would like it to hold 1.99 at its lowest otherwise a bigger dip may come.

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$CymaBay Therapeutics (CBAY.US)$
Holding some good support at this area long term. Spike in volume and price on 12/17. Has enough cash for approx 34 months after offering of $4/share which closed on the 11/22 I believe. Expecting Phase 2a data for short term still this year with time running out for MBX-2982 drug for Type 1 diabetes. Still undergoing enrollment on their main drug Seladelpar which is used for autoimmune liver disease with great outlook.
Institutional Holdings are around 60%ish+ according to Yahoo Finance/Ortex/and Finviz while Benzinga Pro reports Institutional Holdings at around 22%
Just back 11/11 Raymond James Maintained Strong Buy and raised PT to $14 with the average analyst PT at $11 where all are at Buy+
And a recent SC13G reported TCG Crossover Management having a 7% stake
Furthermore, according to their last earnings call, they will have sufficient funds to continue current operations into 2023 with no mentions of further dilution.
Holding some good support at this area long term. Spike in volume and price on 12/17. Has enough cash for approx 34 months after offering of $4/share which closed on the 11/22 I believe. Expecting Phase 2a data for short term still this year with time running out for MBX-2982 drug for Type 1 diabetes. Still undergoing enrollment on their main drug Seladelpar which is used for autoimmune liver disease with great outlook.
Institutional Holdings are around 60%ish+ according to Yahoo Finance/Ortex/and Finviz while Benzinga Pro reports Institutional Holdings at around 22%
Just back 11/11 Raymond James Maintained Strong Buy and raised PT to $14 with the average analyst PT at $11 where all are at Buy+
And a recent SC13G reported TCG Crossover Management having a 7% stake
Furthermore, according to their last earnings call, they will have sufficient funds to continue current operations into 2023 with no mentions of further dilution.



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$Venus Concept (VERO.US)$ Picking this up here :)
$Highway Holdings (HIHO.US)$ Picked this up here. PT1: 4.5; PT2: 5.07