Is neo stock good for a call option right now and if so what would be a great strike price to enter in

NeoGenomics (NEO) is not a strong candidate for call options at the moment, and a conservative approach would be advised. Here's why:

1. Bearish Sentiment Indicators:
   • The Put/Call Ratio for NEO is 0.42, indicating a bearish sentiment in the options market. This suggests that there are more bearish positions than bullish positions, which could negatively impact call option prices.
   • The stock is currently trading below its 50-day moving average of $15.37, which is a bearish signal in technical analysis.
   • The Bollinger Bands are $16.33, with the stock trading below this level. This typically indicates a bearish trend, as the stock is trading in the lower part of its recent range.

2. Recent Institutional Activity:
   • There has been a decrease in the number of open call options relative to put options, which could indicate a lack of bullish sentiment among institutions.
   • The recent increase in put option volume and the decrease in call option volume further supports the notion of a bearish outlook.
3. Analyst Ratings and Price Targets:
   • The consensus recommendation is "Moderate Buy" with an average 1-year price objective of $19.89. This suggests that analysts see potential for growth from the current price, which could be a good target for a call option.
   • However, the current price is $15.88, which is below the average price target, indicating that the stock may need to appreciate significantly before a call option becomes more attractive.

4. Technical Indicators:
   • The 0.618 Fibonacci Retracement over the past year is $16.44, which is close to the current price. This could be seen as a resistance level, making it challenging for the stock to rise significantly from here.
   • The 0.382 Fibonacci Retracement is $13.49, which is a much lower level. This suggests that if the stock were to fall to this level, it might be a better entry point for a call option.

Given these points, it appears that NEO is not in a strong bullish position at the moment, and a call option might not be the best choice. If you do decide to proceed with a call option, considering a strike price above the current price would be prudent, given the bearish sentiment and the stock's recent performance. However, it's important to note that this analysis is based on historical data and market conditions, and future performance cannot be predicted with certainty. It's always recommended to consult with a financial advisor and conduct thorough research before making investment decisions.