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Biotech / Medical : ImmunoGen
IMGN 31.230.0%Feb 26 3:00 PM EDT

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To: Gary Mohilner who wrote (5607)1/14/2019 1:43:37 PM
From: Area51  Read Replies (1) of 5665
 
Looks like the Jan 15 puts would have been a better buy than the 15 calls. But I've been on the wrong side of way too many of these type of trades to take any pleasure from others pain. When the market reaches its maximum pessimism I think IMGN will be a good buy. Selling some april 5 puts (1.45 x 1.90) or some june 5 puts (1.45 x 2.45) is somewhat tempting though. I think I'll resist the urge for now (ok maybe I'll see if i can get $2 for a few june 5 puts). Happy New Year (and it has been so far: those 600 dow down days in December were hard to take)
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