A triple-levered bet on the gold-silver ratio reverting toward its mean. Plus, another biotech binary bet.
Out of the SVM put spread today at $0.15. So basically, we're long two $7.50 calls on SVM for $1.50, with the stock trading at $12.38 currently.
Out of half of the SVM calls today at $6.90.
Out of the ABVX put spread at $0.10 today.
Out of the SVM put spread today at $0.15. So basically, we're long two $7.50 calls on SVM for $1.50, with the stock trading at $12.38 currently.
Out of half of the SVM calls today at $6.90.
Out of the ABVX put spread at $0.10 today.