Thanks again for all your research and suggestions. I think I’m calling it a year, I don’t need to be a hero in this market after the past several months. I think you’ve said you don’t like Biotech but would be interested to hear if you have any thoughts on CVRX. It was recommended to me by a few doctors who understand the tech. It is essentially a pacemaker but for regulating blood pressure. I believe it’s going through regulatory approval. Apparently it’s a risky procedure because you can hit an artery or something like that, but they say the tech is legit and game changer. RSI is 72 so just watching for now, but the chart looks incredibly strong to me. I’m interested in taking a position once it cools, but curious if this is something you would ever consider or if it’s junk in your eyes
God man biotechs, what to say, I don’t trade things that just shed 80% overnight haha. I’m not a doctor, I have no edge, I know nothing about them. I’ll play the large caps but i will keep an eye for any unusual options on it for you
You get more premium on a lot of these because February is after they report earnings. I don’t usually like to play earnings but all these names are so cheap as is at those levels. Overall I think market goes lower and I want to give it as much time as possible to correct itself. By going further out it also lets me focus more on 1 name to attack aggressively to get put shares and sell calls on. So that’s why I’m being extra aggressive with Pinterest that’s the one I want in on.
Thanks again for all your research and suggestions. I think I’m calling it a year, I don’t need to be a hero in this market after the past several months. I think you’ve said you don’t like Biotech but would be interested to hear if you have any thoughts on CVRX. It was recommended to me by a few doctors who understand the tech. It is essentially a pacemaker but for regulating blood pressure. I believe it’s going through regulatory approval. Apparently it’s a risky procedure because you can hit an artery or something like that, but they say the tech is legit and game changer. RSI is 72 so just watching for now, but the chart looks incredibly strong to me. I’m interested in taking a position once it cools, but curious if this is something you would ever consider or if it’s junk in your eyes
God man biotechs, what to say, I don’t trade things that just shed 80% overnight haha. I’m not a doctor, I have no edge, I know nothing about them. I’ll play the large caps but i will keep an eye for any unusual options on it for you
You’re the man that would be awesome! And definitely understand your thought process
Hey James, any reason you're avoiding January expirations?
You get more premium on a lot of these because February is after they report earnings. I don’t usually like to play earnings but all these names are so cheap as is at those levels. Overall I think market goes lower and I want to give it as much time as possible to correct itself. By going further out it also lets me focus more on 1 name to attack aggressively to get put shares and sell calls on. So that’s why I’m being extra aggressive with Pinterest that’s the one I want in on.