AEZS | A Stock For The Wheel Strategy

Why AEZS could be a Good Stock for the Wheel Strategy

• It raised money ($30 M) recently: Likely won’t run out of money soon or doing another round of equity offering to dilute the equity value. This means the stock price will likely remain stable for a while.
• Some positive announcements: European partnership, Reestablishing a pipeline, Covid-19 vaccine.
• Technical analysis shows the stock price will likely remain around $1 or higher in the near future.
• Options chains indicate a nice ROI.

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Tony

I have been trading options since 2010 and have been testing and experimenting with various trading styles. Fundamental Analysis based, Technical Analysis based, Trend Following, Day Trading, Swing Trading, etc.

My primary option trading strategies incorporate volatility and I am constantly experimenting with various trading strategies to improve my PNL.

I hold two Master’s degrees (MSc and MBA) with career experience as a cancer research scientist and a digital marketer.

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