Cassava Sciences SAVA pullback, then parabolic again

Bullish for near term on Cassava Sciences. What can I say, SAVA went through the roof the past 2 weeks. News on big insider purchases by it's chief financial officer & chief executive officer and positive data on it's Alzheimer's drug has nearly quadrupled it's share price in 10 trading days. From a share price of $3.32 close on Friday 9/11, to a high of $12.34 this Friday 9/25 (272%). SAVA was above it's 9 moving average the past 2 days, so look for a pullback and some profit taking on Monday 9/28. It seems to have a pattern of no more than 2 days in a row above it's 9MA. A fair entry next week would be between $9.69 - 9.89. After that level, it's back & off to the races going parabolic for 2 days and then rest again for around 3 days. A reasonably near term exit for this trade would be to sell at $14.25 during a parabolic move or simply get a $12.5 Put to put a floor under it during the spike to get it on discount, not after the fact. lol. Because SAVA has spiked up so quickly, it wouldn't be a bad idea to get a cheap $7.5 protective Put just in case in the meantime. As for playing SAVA options, you could get a 2:1 ratio bullish strangle, making sure to purchase the Put & calls in a separate order, so you can sell (direct value) them or add to (inverse direction discount) them in relation to it's daily momentum. We all know it's impossible to predict the peak share price at any given time frame, but I would not be surprised if SAVA peaks at +$20 by 10/16. Good luck and happy trading friends.