During Thursday's Lightning Round segment of Mad Money, one caller to the program asked Jim Cramer about Kadmon Holdings (KDMN) : "This is a very speculative stock," was Cramer's response about the biopharmaceutical company
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This is a market being driven by themes and stock-picking much more than the indices right now.
I'd take the terrific, dominant e-retailer with a crushed stock that's run by a current Chewy guy any day of the week.
I prefer spreads as individual calls and puts can be a bit pricey.