TO: ALL PHARMA PLAYERS
any comments on OREX
Follow posts
ARNA going to the moon, drug approved
I saw the approval late yesterday, just prior to closing. Would have been nice to have got on board prior to that increase. You think its still worth buying in now and going long?
ARNA Pharma - July 125% IV
Displaying entries 21 - 30 of 30 forum posts in total
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I am currently in this OREX. I am looking for the volotility(?) dump to happen after tuesday; 438 IV on the 5 call. I entered in on a LONG April2011, 3 calls and sold the Dec2010, 5 calls.
I should be only risking some "Free Money" that I made on some AAPL trades Friday and this morning.
I should be only risking some "Free Money" that I made on some AAPL trades Friday and this morning.
OS - I have a position as well, options, kind of market neutral, hoping for a big move either direction
i just got into PSDV i had sold Jan 5 puts for .60 & looks like i will get put into it.
Since it plunged over $2.00 on after market trading i was going to sell $2 , $3 & $4
puts.
please give me your feed back
& if you all have any other stocks that have hefty premiums with minimal risk let me know.
by the way i get most of my leads from optionbuddy web site & i like your comments on it.
Happy Holidays & Prosperous New Year
Since it plunged over $2.00 on after market trading i was going to sell $2 , $3 & $4
puts.
please give me your feed back
& if you all have any other stocks that have hefty premiums with minimal risk let me know.
by the way i get most of my leads from optionbuddy web site & i like your comments on it.
Happy Holidays & Prosperous New Year
John - MNKD had a PDUFA event this week and implied volatility is exploding. It closed around $8.00 on Thursday before Christmas. "Minimal risk" is in the eyes of the beholder but hope it helps
ARNA going to the moon, drug approved
I saw the approval late yesterday, just prior to closing. Would have been nice to have got on board prior to that increase. You think its still worth buying in now and going long?
No for the following reasons....
1). No sales so the price per share will drop...
2). They will dilute the shares so price per share will drop...
3). You're late for the date...
4). Pick up on 1/2 price sale...
1). No sales so the price per share will drop...
2). They will dilute the shares so price per share will drop...
3). You're late for the date...
4). Pick up on 1/2 price sale...
5). Short Sale Restriction until 6/29....
6). Sold license agreement for North America
7). Next major in about 6 months is Euro....
Hope that helps NineNine
6). Sold license agreement for North America
7). Next major in about 6 months is Euro....
Hope that helps NineNine
I'm with Otter. I've seen enough major pushes like that to know at that point, I'd short it for all it was worth. Short sale might be restricted but you could always long some puts. I was looking at July's yesterday after the close.
Displaying entries 21 - 30 of 30 forum posts in total
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