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mergerwithbigpharma

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mergerwithbigpharma

Re: DOA post# 40

Sunday, 02/27/2011 8:03:46 PM

Sunday, February 27, 2011 8:03:46 PM

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Bought March EBIX $26 calls (100x 50c) and GEOY $45 (60x65c) and $50 (100x25c) calls last week. Already seeing some nice appreciation.

Looking to add CLSN $5 July if price stays near 20 pennies. Might also add March $25 HITK as I expect a better than expected earnings report. Though, options are priced like a sell-off is looming...

Still learning about playing options...any pointers you've learned would be great.
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