Anavex Life Sciences Corp (AVXL)

[jimmy667]

OK, good luck that is what I always do when have to sell common is cover them 2x or more with Options. But if you have July 5s hoping for and waiting for $5.30 increases the odds of July 5s coming up worthless if the shorts carry the day, it does happen. I tend to agree with one of our longest and biggest investors here with his recent post that we will hold here in the channel. Suggestion for what it is worth is if you see the channel holding CONSIDER some common shares to INSURE you have some stake guaranteed. No expiration date gives benefit beyond the extra cost IMHO. But not knocking options I have both in a global strategy.
Good Luck and thank you for your contributions.