I'm pretty much in agreement with you Repero. I'd be looking to protect at a higher level as well. There is still ongoing momentum and I'm confident it will continue for another couple of weeks. Where it is then would dictate my choice of Puts to use as insurance.
Price difference was negligible and I got 2 extra month's insurance. I have over 30K shares so a nice gain. I would hate to see that go away for any reason. Now, I'm mostly protected from an unforeseen calamity in either the broad market or in Amarin/Vascepa until mid January. I hope they expire worthless and AMRN is at 60. But if something unexpected happens and AMRN is back to 2.5, I'll be OK. Will you?
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