Amarin Corp Plc (AMRN)

[ferretmoney]

rct, since exercising your calls and converting to shares would reset the clock it could be much better to just sell the calls for long-term gain and then buy shares on the market. That of course would generate a tax liability for the year in which you sell the calls. The shares which you would purchase on the market would have a high cost basis so even if there is a change of control before one year and you are forced to sell those for the buy out rate the short term capital gain will be smaller then it would be had you exercised and convertied to shares.