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Replies to #11509 on FDA Plays
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colorofmoney

02/02/11 2:08 PM

#11510 RE: pcrutch #11509

pcrutch...at what strike?
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jrbritt

02/16/11 6:16 PM

#12382 RE: pcrutch #11509

Wish I would've taken your advice here.

Great play. Looking to shed a portion of my NEOP from 2.67 entry tmrw or friday. Hoping I'm not too late for SPPI run. I hate missing the initial jump. =/ It was in the low-mid $6's for a long time. I should've took a starter position to hedge risk. Playing options seems to be the way to go for PDUFA dates. I've never done it for trial results or any other type of catalyst but with FDA approvals it seems to be a successful play most of the time.