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Re: Prana1 post# 1633

Tuesday, 01/28/2014 4:02:49 PM

Tuesday, January 28, 2014 4:02:49 PM

Post# of 3033
That is always a great thing with these Bio strangles, and often why I begin buying about 3 weeks out. There is always a dip at some point because big money likes to load shares on the cheap. A lot of times, like you mentioned, you can get a significant run in either direction, enough to take your cost basis off the table and play with house money, or at least risk much less. Doesn't always play out the way though. And then again, there is a delay and you scramble to salvage premium and look to roll over. But, I still expect a dip with a delay so you may print or break even in any event. We shall see.

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