If you want to make a lot of money buy Imax (IMAX) call options in mid/late-November, because IMAX stock is likely to rise from $13.40 per share today up to $17 per share in December after the new Avatar movie comes out.
When the first Avatar movie was released 13 years ago in December 2009, IMAX stock gained by 27% in a single month.
We are hoping to be able to buy the January 20, 2023 Imax (IMAX) $15 call options in late-November for $0.70 and then sell them in December for $2+. They last traded for $1, which is a tad too pricey for us. If we are patient the price should come down to $0.70 in November before rising to $2+ in December.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
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