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BOUGHT GMTX Jul16’21 7.5 PUT @ 1.15
- biasfolio
- Jul, 01, 2021
- Loss, options trade
- No Comments
BOUGHT GMTX Jul16’21 7.5 PUT @ 1.15
https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-gmtx/gemini-therapeutics
Estimated Stock Price at time of sale: 6.47
Reason: FDA reports came out was not as expected resulting in a large drop which might not be aligned with the insider views. Price keep going up to only 6.7 before dropping again. Decided to take a loss and move on from this trade. Will still consider a position in near future as long as the insiders are not selling their stocks.