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smoke

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smoke

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Re: None

Tuesday, 01/15/2008 7:57:05 AM

Tuesday, January 15, 2008 7:57:05 AM

Post# of 704019
DNDN news could explain option activity in advance of European approval which came this morning. DNDN ran to $20 once and may revisit that area by summer which US approval. Options are cheap Feb 7.50 calls were .12 and I got a few down there.

SEED options are now expensive but not that long ago when the stock was in the hopper the May 7.50 calls were trading at .50 and I sold a few of those over $4. I do believe CDS may be sleeper also (with options available).

Spring may happen again.

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