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Re: Lemmiwinks post# 242128

Saturday, 01/18/2020 9:15:26 AM

Saturday, January 18, 2020 9:15:26 AM

Post# of 423812
Agree, AMRN game is still on. Concerning short term AMRN call & put options and SP, until we the next AMRN catalyst - a settlement, earnings report, court trail vedict or BO; IMO pure options are currently a money loosing proposition. One has a better chance currently playing craps, rolling the dice, each week until better AMRN visibility is provided. Back in Dec, after the AMRN FDA approval, my preference was to play AMRN cover calls against my position; using the Jan17-27 calls (a nice winner), Feb21-24 calls & Mar 20-30 calls covered call options and collect the premium on my AMRN positions - so far so good.

Kels
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