Replies to post #17561 on Savvy Trades and Investments

[researcher59]

My RLYP position is also fully hedged .... in fact I'm now a bit over hedged in anticipation of all my February covered calls expiring next week out of the money.

The dilemma now is what calls to write with the stock so depressed .... I'm reluctant to sell any below a $19 strike, but of course the premiums of well out of the money calls are not as appealing.

[Swick984]

RLYP - Joined the crowd here and sold 10% of my position at $23. Congrats to all holders! With numbers as high as $38 being thrown around, I plan to hold my remaining shares.

http://www.thestreet.com/story/13522999/1/relypsa-fielding-takeout-offers-shares-move-higher.html