The daily chart shows for BNTX has a big gap up last Monday. There’s an old market adage that says trade in the direction of wide rangegaps (especially when they’re in synch with the trend). We are going to review a Call Debit Spread trade for BNTX.Traders who want a more leveraged approach can buy BNTX calls.We can see from this call option spread analysis that if the BNTX stock price declines by -5%, remains flat, or increases in price when the options expire, thespread will make a 49.3% or $330 profit. If BNTX is down -7.5% when the options expire, the spread will make 20.1% or $135.

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