Article : Bullish Options Market Shows BIG Upside for ZIOP Linked Here.
2 Biotechs Ready To Fly
Mar 15 2013, 07:26 By: Equity Options Guru
As we did with Sarepta Therapeutics, we can use the option markets to help us predict how big of a move might be coming Ziopharm's way. With the stock trading at $5.43, we can use the price of the April 5/6 strangle to figure out what percentage move may be coming. Currently, the April 5/6 strangle is priced $2.25. If we divide that by the current stock price, that translates to a 41% move.