Naz News, Gappers and FLE's

[iconoclassic]

AGN might be one to watch for a possible straddle...

It has earnings on Wednesday BMO, and CC is not until 11 AM...

It has traded through a very wide range the last several months. In May it announced a delay in the Phase 3 study of their drug for macular degeneration, and in June, GS downgraded them due to potential for generic competition for their Restasis...

My point is, it looks ready to go up into earnings, but either of those prior topics might be discussed at the CC, and in neither case do I have a a clue as to whether they'll be positive of negative...

Take a look at it, and at the options, and let me know what you think...I plan on trading it long if it breaks out above 93.00 on Monday or Tuesday, but would also like to papertrade options if you thought they might be worth watching...