Bought Apr 55 calls for 0.85 before the close. Am I going to make any profit if pps hits $55? Thx.
You should double your $$ easy. But you may want to flip those tomorrow morning. The PPS is way overextended here and shorts will pounce if we see any kind of gap up tomorrow.
Since they will be in the money you will probably more than double your buy price. Good move. First time trading in RHT?
To learn more suggest you also listen to the conference call now about what drives these types of stocks higher.