Erasca CMO's Direct Stake Hit Zero. Her Options Position Didn't

What: Erasca's Chief Medical Officer (CMO) has seen her direct stake in the company dwindle to zero.
Why: This is likely due to the company's recent struggles and declining stock price.
Signal: The CMO's remaining options position suggests she still has faith in the company's future prospects.
Target: The CMO's options position is valued at approximately **$1.2 million**.
Risk: The CMO's remaining stake in the company is now entirely tied to the performance of her options position.