IV% for DERM options remains very high. I already have sold the 3/16 $25 Puts. I sold a couple more 3/16 $20 Puts. I will look for an opportunity to take partial gains on the $25P to reduce my overall risk exposure. 3/16 $20P @ $2.85 23 Days till expiration DERM $27.22 D: -.0051 G: .0043 T: -.0011 V: .0008 IV: 245.42% (vs 49.92)
DERM - expect volatility. Overall, bullish outlook. Could have significant swings. The options are so expensive right now it makes for an optimum to sell. I don't like either a credit call spread or any credit spread in this situation. Simply selling puts seems like the correct strategy. I've placed a limited order to sell 3/16 $25 puts at $5.6, mid...
DERM made a Fast Ball XRV move lower on Wednesday. The stock appears ready for a test of support at 24.03. We will look for a short-sale opportunity in early trading on Thursday. NASDAQ:DERM