TopgOptions

VRAY ViewRay Oversold | Calls to Buy

Long
NASDAQ:VRAY   None
VRAY ViewRay went down due to market conditions on no particular news.

In fact, in a report released on Feb 28, Oppenheimer reiterated a Buy rating on VRAY Viewray, with a price target of $8.00.

The stock is now trading at $3.36, being extremely oversold, with the RSI at $16.92.

Looking at the options chain, I would buy the $4 strike price Calls with
2023-4-21 expiration date for about
$0.10 premium.

Looking forward to read your opinion about it.








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