FRC Put

My first gamble in this has paid off so trying again for next week
(This week’s FRC 03/24/2023 6.00 Put is about to expire)

Sold 1 FRC 03/31/2023 3.5 Put at $0.28.
Stock is currently trading at $12.12
Once again: Playing this like I would a cheap biotech stock approaching a binary event like a new drug approval