Biotech Values

[poorgradstudent]

10nisman:

I'm long the stock and long some puts.

>For something with a known timeline like results before year-end or at worst some time in January, why not buy some February calls? <

In place of the long stock position?

I shy away from playing binary events through calls because I find the necessity to time the event is too much of a burden for me.

I also like having the long position because I sell covered calls quite often.