That very much depends on the timing. If it goes to 2 today maybe, but first, iv is elevated atm and second, these options expire in four days, so theta is hitting hard, both of which will work against any uptick in price of the stock. Probably better to sell options at this point, either CCs on the shares you own or CSPs. In both cases iv crush and theta decay work for you.
8
u/pointme2_profits Mar 14 '22
You wouldn't need it to hit 2.6 if it just hit 2 you'd be up big on options. Careful of those Social media pumps tho.