NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

Personally I've only done single leg options based on my own opinion of where I expect the stock to go. When I needed substantial funds to do the solar and heat pump system, I sold calls in IMGN that were well above the current price, but years away. I've rolled them to higher levels, even further away and now with IMGN in a buyout, I have repurchased some of them to get the full price in the buyout. I've also be buying substantial options that are over the price of the buyout for nickels and dimes in the belief that the price will go up, if I'm right I'll make far more money, if I'm wrong, it's cost me a couple thousand in a gain of hundreds of thousands.

Gary