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Re: iconoclassic post# 348563

Monday, 07/29/2013 8:34:46 AM

Monday, July 29, 2013 8:34:46 AM

Post# of 376171
AGN is looked upon favorably by the analysts, so it is more to the bullish side. One could do a straddle of the 95 calls @ 2.00 and 90 puts @ 2.30 which are both just out of the money, and if the price goes up slightly, they'll probably equalize in price.

I suspect that a smaller price move on earnings will just cancel out the straddle, but a larger move would definitely pay a dividend...


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