Portfolio update. An opportunity for income through options.

I bought a position in this stock which has been unnecessarily smacked after a capital raise today.

This stock was smashed today after a capital raise of US$55M in an extremely hot sector.

The dilution from the capital raise accounts for a 5% drop in the previous day’s closing share price and the stock is down 9%.

This stock has a great options market and I’ll be looking to make income trades through options with the new position.