BTAI Trade on Jul 19, 2023 15:19 from aristocks: Tradervue User Stock Trades.

Shares traded: 0
Options traded: 6
Closed Gross P&L: $-465.00

Tags:

Bought CALL options in $BTAI following overreactions about miscommunication.

Drugs already approved under different forms of administration and company plan to apply for NDA end of the year.

The dip was bough up, so I believe that if market condition will stay the same, the stock will keep trending higher.

Possible buyout target since the company has cash only till 2025, so a big pharma might swoop in to get the company before product hit the market.

This is my opinion only, do your DD

Execution detail:

Date/time	Symbol	Qty	Price	Position
2023-07-19 15:19:52	AUG18 23 12.50 CALL	3	$1.550	3
2023-08-18 15:59:59	AUG18 23 12.50 CALL	-3	$0.0000	0

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#chart2 { background-image:url('/shared/charts/pricechart?symbol=BTAI&trade=53957775&end=20230818&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=atr(14)&study2=macd(26,12,9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BTAI&trade=53957775&end=20230818155959&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=atr(14)&study2=macd(26,12,9)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BTAI&trade=53957775&end=20230818155959&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=atr(14)&study2=macd(26,12,9)');}

BTAI Trade on Jul 19, 2023 15:19 from aristocks: Tradervue User Stock Trades.

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