albo:
This idea from Briefing Trader :
They are thinking that LABD could be interesting going into the SOTU tonight.
Cost of drugs is one of few issues that the Pres and the Dems agree on.
LABD/Albo - Well that's interesting since LABD is super-low at the moment and has been much higher.
They do have margins and they are pretty expensive but I'd just go for the LABD March $25 ($2.80)/29 ($1.65) at $1.15 on the $4 spread that's at the money and, if you want to pump up the risk, you can go 5/4 or 5/3 as you could get lucky on a nice pop. 5/4 would be $800 and, at $35, you get $1,600 + $1,000 = $2,600 and 5/3 would be $905 and, at $35, you get $1,200 + $2,000 = $3,200. So very nice risk/reward ratios.