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boca_bobby

03/14/08 8:20 AM

#325 RE: cta751 #321

Nice,

ONXX showed up on my pincher scan two days ago. Good to see that we are having some of the same plays showing up on our scans.

Boca_Bobby

boca_bobby

03/14/08 11:09 AM

#332 RE: cta751 #321

I just rolled my profits from APOL and few extra coins into ONXX!

Buy 10 April $25/Calls @ $3.50.

That makes the Break Even point @ $28.50 for the PPS of ONXX.

The Current Delta is 64!!!!

So if we get to the break even price of $28.50 on the PPS of the stock, my options should be worth $4.88 according to the options calculator. Thats a potential profit # of 39.4%.

Looks like a nice play to me. Any thoughts?

RUN BABY RUN!!!! LOL

Boca_Bobby