Options desk

The Desk

Tape Fri 2:09 ET

$35,952

19 names · 51 contracts

Tape Fri 2:09 ET

Desk

Trade · Moonshot

PRME

Prime Medicine

3.64

+0.00 · 0.0%

Plan

Cut
Weekly close below $2.70. All four.
Target
Two at 5. Two toward 7.
  1. 4× Jan ’28 $7C @ $1.23, $492. WS TFSA. Spot 3.71, 20-day 3.15, 52-week 6.94. $7 is that high.
  2. Cut: weekly close below $2.70, all four. Same bucket as NEXT — don’t tick-manage it.
  3. Two at 5 (through 4.80). Two toward 7.

The take

Expression

  • 4× Jan ’28 $7C @ $1.23 · 3.4 OTM

$492 cost · 460d

Tape

  • 20-day3.25 above
  • 50-day3.35 above
  • 200-day3.54 above

Stop

Weekly close below $2.70

52-week / 20-day low is 2.67–2.72. Daily $3 is too tight for a Jan ’28 LEAP.

Outlook

  • Q3 earnings (est.)6 Nov · before expiry
  • Expiry21 Jan ’28 · after expiry

Two at 5. Two toward 7. Weekly $2.70.

News

Quiet on this name.