Entry comments: $LXRX Oct 2019 put at strike 2 for 0.06. Insiders have purchased stock. This is a risk. The company is losing money and is 70% owned by venture capital.
Exit comments: $LXRX Put options expired worthless.
I'm still trying to figure out options. Not a easy thing to do
me too. I have been successful on selling calls on stocks I own. $TSLA puts did well earlier this year.