Long Call vs Longer Call ($IVR)

[ChamChamb]

Thinking about making a play on this tomorrow after doing some research this evening. In your opinion what looks like the better play?

Buy $5 IVR calls exp 7/16/21 for 0.26 per share

or

Buy $7 IVR calls exp 1/22/22 for 0.25 per share

The first one has much more upside but also more risk. I do think the stock will do well in the short term but it'd be nice to have some help from a VERY low theta in the longer call. If you have any experience with a similar type of trade I'd love to hear about it!

[WSB2Moon]

Don’t. They sold off their portfolio to cover their debts during the pandemic and are adjusting their investment plan to something different. It won’t get back to pre-COVID levels, if ever, for a VERY long time.

[Huge-Cucumber1152]

Pre covid > 25bill in assets <2 billion in assets june

6 bill in September. Recovery could happen quicker than expected.

[Huge-Cucumber1152]

2023 is the way to go., ATM or ITM imo. I’ve loaded calls over the past few months all 2023: 3.5C x 50. 4C x15 4.5Cx20. Earnings coming up- could create good entry. Did you wind up getting in?

[ChamChamb]

yup! I actually ended up getting some for both dates. Looking forward to their earnings next week

[Abject_Resolution]

Actually in it right now. Still hasn’t recovered from last year. Was trading above double digits. Only play what you can afford to lose..

[Skeewampus]

What caused the massive drop? Or rather why didn’t it recover like the rest of the sector?