Chelsea Therapeutics Intl Ltd fka CHIP

[Nolerman]

Yes, calls and puts. I'm adding steadily. Calls on the dips and puts on the pops to keep them cheap, 1:1. On a .46 pop in either direction I'm off to the races. .90 move and I'm up 100%...and so forth. I expect a minimum $2 move...if approved possibly $4+. I don't like gambles, but the risk (all investments have them) would be if the FDA were to announce a delay. I'd be out premiums on the shorter term options likely. The company website gives a great breakdown of the drug.