Need Advice for VNDA

dannywaos

Newbie
1 0
I need advice
VNDA (Vanda Pharmaceuticals Inc) IV is really high today is 474 % , so i choose to use short strangle and expiry on Nov13
because FDA announcement approx on nov 14.
I attach a risk profile for my short strangle strategy
my plan is, I'm going to entry short strangle on nov 11 and exit on nov 15 at expiry date.
 

Attachments

  • vnda risk profile.JPG
    vnda risk profile.JPG
    198.5 KB · Views: 236
 
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