So far, so good. I have entered and exited the 1/21/2021 30c and 35c options 3-4 times, earning around 150% in 14 days. Friday volume was very low compared to the previous week, and I am hoping to see a pullback to the $22.5 area.
In terms of mid-term outlook, I am trying to determine if the Company has outstanding warrants (I think they do, but I don't know the quantity, ect.). If they do, then I believe that the warrants will show up on a liability on their GAAP balance sheet; given that the recent stock price increase, outstanding warrants could affect the outcome of the next earnings report. If anyone reading this has thoughts on this point, please share.