Amarin Corp Plc (AMRN)

[Hondo1021]

My plan is to buy some Puts when the share price gets above $10. If we got to $20, I would buy additional Puts. I'd continue this for every $10 rise.

I think this insurance makes sense as it allows me to ride this out and lock in gains. I've 'enjoyed' this roller coaster for years and believe there is significant upside. Either buyout or GIA will be quite volatile. My hope would be to one day sell in the 50s with worthless Puts. Just like I hope to never use my fire insurance. (Or my life insurance).