Get started
dasanidaniel

SIGA trading at a ridiculous premium - time to be bearish

Short
SIGA Technologies Inc. (NASDAQ:SIGA)  
dasanidaniel  
NASDAQ:SIGA   SIGA Technologies Inc.
Technical Indicators Fundamental Analysis Chart Patterns siga monkeypox pandemic biotech PHARMA
0
0
indicator fundamental chartpattern siga monkeypox pandemic biotech pharma
Hype and sentiment regarding a monkeypox outbreak has been the only driver in SIGAs price, apart from minor PR.

Volume will slowly wither away, and investors will begin to take profits. It will not remain at this price range for much longer.

Looks to be an easy short/put. Will be opening 10$ Puts with a June 17th expiry.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.