Myokardia Gap Fill

11 May 2020

Myokardia gapped up more than 60% today on an experimental drug that was released to the public. May 15 puts at $80 strike options are going for 0.60 right now. I picked mine up for 0.45, but that was at $100. I think that it can fall to support at $67, making the 80 option $10 in the money. Now if you can pick it up from 0.55-0.60 that is an amazing deal.

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11 May 2020

Not

The May 15 80 put is now 0.80