Replies to post #171 on Alnylam Pharmaceuticals Inc (ALNY)

[jrf30]

I'm thinking of selling some puts on this one. Sell at September $90 put at $3.20, and you either buy it at $86.80 (Not a bad price. Much better than the $120 it was at recently) or you get to keep $3.20 per share and never own it. Not a bad deal either way.

Yes, I think I'll watch Monday's action and see if we can get another good drop. If so, I'll hold off. If not, I'll do the put and place a bet below the market that can pay me even if it goes down from $100 to $91. :-)