20.90Open25.00Pre Close1 Volume297 Open Interest15.00Strike Price2.09KTurnover249.18%IV-5.75%PremiumDec 20, 2024Expiry Date23.09Intrinsic Value100Multiplier30DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9513Delta0.0037Gamma1.59Leverage Ratio-0.0466Theta0.0103Rho1.52Eff Leverage0.0111Vega
Verona Pharma Stock Discussion
Given the current performance and sector conditions, Verona Pharma poses a moderately high risk 7.5/10, for a trader's portfolio. The company is not profitable, which elevates its risk profile despite the ample cash reserves that provide a financial cushion. The significant positive news may drive short-term gains, but reliance on future drug approvals carries inherent speculative risk. The biotech sector's low interest may dampen broader market enthusiasm, although stoc...
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Stay calm, dont play in the hands of the shorts. Make sure your stock cannot be borrowed for shorts as well.
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