PFE Dec 25's?

Discussion in 'Options' started by Arnie Guitar, Dec 4, 2006.

  1. $.25
    Boy, looks tempting.
    Yes they stopped the drug dramatically,
    but tons of cash on the books,
    and they ain't goin' away....
    You'd think it would recover a little between now
    and Dec exp.

    If I was a little fatter(financially :D), I'd buy a few.

    Maybe the Jan's would be smarter ($.50).
  2. try a Jan 25/27.5 call spread?
  3. zxcv1fu


    Hi risk, hi reward!

    Low of day is $0.05.
  4. Keep in mind ....

    You're also buying pretty expensive options. At .25 with a stock price of 24.5, the IV is 24.65 which is at the high end of the 52 week range.