I closed some IMUC MAR 2.50s today for .45 gotten for .15, but I think in that name I should go for equity.
It is coupled in sympathy with CLDX, and as CLDX gets mainstream acceptance, IMUC will benefit. Might look to play long calls on CLDX. They just did a secondary and did not really fall back. CLDX might be a good equity long for small bags 1.5, 2, maybe 3X