Yesterday, we bought call options on Catalyst Pharmaceuticals Inc. (Nasdaq: CPRX). In the trade alert, I described it as a “rare bird” in the biotech and pharmaceuticals space.
Last November was a “hold your breath” moment for financial markets, as everyone waited to learn the outcome of the U.S. presidential election. Once it was more or less resolved, we saw a new wave of sector-specific trends unleashed.
First, if you’ve been with me since the “B.C.” days (that is, Before Coronavirus) … congratulations on the 60% profit you locked in on the “short volatility” trade we made on March 20, 2020.
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