4.00Open4.65Pre Close70 Volume225 Open Interest80.00Strike Price40.96KTurnover73.36%IV10.15%PremiumDec 20, 2024Expiry Date0.00Intrinsic Value100Multiplier26DDays to Expiry6.70Extrinsic Value100Contract SizeAmericanOptions Type0.5120Delta0.0260Gamma13.93Leverage Ratio-0.1239Theta0.0245Rho7.13Eff Leverage0.0835Vega
Bigmoney Dreamer : ALWAYS KNOW YOUR RISK TOLERANCE
The risk level for GeneDx Holdings Corp. is high due to multiple factors that elevate volatility and potential drawdowns. The company's inability to maintain profitability and high debt levels relative to cash position are concerning for long-term financial stability. GeneDx's impressive short-term stock surge, while promising, rests heavily on recent positive news, making the price susceptible to sudden reversals if sentiments shift. Moreover, the stock's failure to establish clear support after the recent high suggests a fragile price structure, increasing the likelihood of a sharp downturn if market conditions worsen. The absence of sector-level support further heightens risk, positioning the stock as a highly speculative trade.