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Biotech / Medical : Momenta Pharmaceuticals Inc.
MNTA 52.480.0%Oct 2 5:00 PM EST
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To: Robohogs who wrote (1015)4/27/2007 11:43:09 AM
From: Rocky9  Read Replies (1) of 3027
 
Yes, I meant last week. I did have some long shares to cover with May 17.50 calls (to go with the sold May 12.50 puts). I did not cover all of the long shares (plus I didn't sell all of my long June 20 calls, which have lost over 50% of their value in the last week).

The stock is still pretty strong. I hope to be able to roll the May 17.50s out and up, but I will be glad to keep the premiums as long as the stock doesn't head below 15.
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