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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST
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From: wolfgangrene11/15/2013 9:23:19 AM
   of 2274
 
I guess the knuckheads over on Yahoo are correct, 5 buck options are the are the battleground prize today.
The only options I own as of today are Nov 29s, 5.50s. Just a few.
5.12 is still a big fib line, IMO.
I know it's not the retracement fib like most traders would use, but you can see how we've been clinging to it. That's because 5.79 is still a valid target.
My only concern here is the little gap at 4.82. The lower breakaway gap isn't bugging me. That could be left behind for a long time. IMO.

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