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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (13352)10/6/2004 3:34:22 PM
From: tom pope  Respond to of 52153
 
Sam, I understand your position now. BTW, I do think your covered call idea on CTIC is interesting and plan to do more work on it.



To: Sam Citron who wrote (13352)10/6/2004 8:17:06 PM
From: Robohogs  Read Replies (1) | Respond to of 52153
 
I got lucky once. I sold naked puts on eln that exercised with the stock at $8 or $9 this past January and with a strike of $10. What went from a maximum gain of $2 per share became $10-15. Better to be lucky, I guess. It was kind of fun watching my buying power steadily increase as the stock moved from $1 back up to $8 area and then on to $20+. I did not get as lucky though on AMD.

Jon