RE:Share price
1rockit, we were talking strategies in trading,......here is a great trade i stumbled onto today with TORC,....again I am extremely bullish on it, so that sets up the trade. I bought 1,000 shares of TORC at $2.15'....i then sold november 2020 $2.50 calls against those shares for $1.00........I now own 1,000 shares of TORC ( $2.18 close today) for $1.15/share, with upside clear up to $2.50/share.......I took the $1,000 from selling the calls and bought 1,200 shares of another biotech I have been watching RGLS for $.82/share. So essentially I used $2,000 to make a maximum of $3500, and saved on the opportunity cost of employing that $2,000 by 50% and redeployed $1,000 of that $2,000 into another stock alltogether. Thats kinda what my trading is evolving into.