Amarin Corp Plc (AMRN)

[ferretmoney]

Amarin is a special case, the rare one, and your argument for calls and call spreads is hard to refute in this case. What I have found in my experience is that the put spread generally offers me a lower b/e and/or a wider margin, therefore a safer bet and/or a more profitable one. And finally, yes, put spreads are my personal rut because I have done well with them.

Btw, yes I know the long leg is long volatility, and I look at the comparative iv's between the long and short legs at various strikes.