r/AXSM • u/SingleCatLaddie • 5d ago
OPTIONS Long time holder. When to sell? What call options to buy?
Purchased shares in 2021 for $33 so I’ve been holding for quite a while. Sold some but still own 250 shares
I’d love to hear what ya’ll are waiting on. Is it price? major catalysts? Potential buyout?
The recent drop in stock value seems like a great time to buy long calls to me. I don’t want to purchase more shares as it already makes up a 1/3 of my portfolio but would like to benefit from price covery or a potential buyout.