"Hey everyone, I'm looking into the SERV $11 call option for December 19th. It's currently priced at $1.95, and the stock needs to hit $12.08 to break even. I'm thinking of buying because I'm bullish on SERV and think it will go up in value. Does anyone have thoughts on this? I'm new to options trading and would love to hear your insights!"
Serve Robotics is a company that creates and operates autonomous sidewalk delivery robots. Spun off from Postmates, the company's core mission is to provide a sustainable, efficient, and cost-effective "last-mile" delivery solution. They have partnerships with major companies like Uber Eats and 7-Eleven to deploy their zero-emission robots, which are designed to navigate on their own while being monitored by a remote human pilot. The goal is to reduce traffic, pollution, and the overall cost of delivery.
$11 Call Options for SERV Robotics
byu/GlitchExcelReddit inoptions
Posted by GlitchExcelReddit
2 Comments
Short term options without a catalyst is just gambling imo. If you’re okay with losing your investment then go for it.
Might want to look into implied volatility and iv rank and iv % if you haven’t already.
Options require you know when the underlying stock will reach the strike price. What happens in the next 3 months for the stock to go up? How are external events (interest rates, competition, etc) going to impact the stock price.
If you are investing real money (more than $1000) you need to think about timing a lot more. If it’s just a hunch, buy a call out two but realize if it never gets to $11 you will lose the whole bet.