And BNGO was his name-o

已更新
I'm overall bullish on genomics as a sector. ARKG has had massive success lately. ARK's analyst has addressed BNGO vs Pacific Biosciences a few weeks ago. Deadnsyde has done ton's of research.

peep him on YouTube: youtube.com/c/Deadnsyde/featured

Good fire sale that's been going on lately and I've been waiting to open a position. BNGO also recently had LEAPs added to it. Might attempt a "middle classed" covered call instead of the Poor man's covered call. Instead of a regular calendar spread, this version has more legs, costs more premium, requires more management, but has more protection overall in all directions.

You set this up with initially your long call leap (2022), then a long put (5/21) to protect against the potential downside. Then to hedge the a short call, you buy a call that is slightly further dated. It would be smart to attempt to buy the calls on red days like (2/22), and sell calls/buy puts on green days.

With my crayola set, honestly BNGO can keep dipping. I mean it could bounce off the lower Bollinger Band on the 4Hr, and maybe doing its Fib thing. But, in January it was still a pennystock LOL. It could definitely trade sideways for some time and all my short dated long calls would get raped by theta.
註釋
Down on this position, but sold shorter dated calls against my leap.
Chart PatternsFundamental AnalysisTrend Analysis

免責聲明