Cardiff Oncology, Inc. trades under the ticker CRDF & has recently shown a lot of technical strength.
Their current price is $11.50, making the $10 Call options more appealing than the $12.50 calls.
While the stock itself is relatively young, they have been on a tear since April, with recent major breakouts the last few days.
CRDF Price: $11.50
10 Day Moving-Average: $6.09
50 Day Moving-Average: $6.99
200 Day Moving-Average: N/A
While the RSI is overbought, their recent few days’ strength is to blame, and their RSI should begin to smooth itself out soon. While I normally do not bother with companies this close to their IPO, this looks like the opportunity for a quick trade worth considering.
*** I DO NOT OWN SHARES OF CRDF STOCK ***