BNGO down 5.63%...time to panic? Absolutely not, after the rally of small caps over the last two days, it is expected to see a pull back. Short term traders are locking in profits, and volatility was low today (only 5.6Mil). I expect to see the climb of BNGO through the holiday season.
Current Options Positions Short Calls - Strike 5.00 @ 1.21, 21-01-2022 Long Puts - Strike 2.00 @ 0.05, 21-01-2022 Short Calls - Strike 6.00 @0.21, 21-01-2022