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Manti

07/29/13 8:34 AM

#348569 RE: iconoclassic #348563

AGN is looked upon favorably by the analysts, so it is more to the bullish side. One could do a straddle of the 95 calls @ 2.00 and 90 puts @ 2.30 which are both just out of the money, and if the price goes up slightly, they'll probably equalize in price.

I suspect that a smaller price move on earnings will just cancel out the straddle, but a larger move would definitely pay a dividend...