dndn option play, looking for advise

Discussion in 'Options' started by newguy05, Apr 9, 2010.

  1. stoic

    stoic

    i understand exactly what you are saying and agree, but same as above this is a pharma stock waiting for big news that will likely come in may, a 50-100% gap up is quite possible.

    Old saying in the market. "Buy the rumor......sell the news."

    I hope it works out for you!
     
    #11     Apr 10, 2010
  2. BartS

    BartS

    My thoughts - buy 55 may call for a mere 80 bucks and forget about it...
    If you're looking for a home run within the next month accept that it will cost you 80 bucks to find out if it works out or not....

    Again, that is if your assumption is that the stock can move 50-100%....

    Just not worth the risk of losing $400-ish plus a bucketload of commissions....
     
    #12     Apr 10, 2010
  3. exaltedangel09

    exaltedangel09 Guest

    this stock including LULU will crash hard.
    no sales, just cash, and inflated P/Es..
     
    #13     Apr 12, 2010