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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (8312)11/15/2005 2:00:48 PM
From: SI Bob  Respond to of 10345
 
Bought Dec 12.5 and Jan 15 calls this morning and just gonna leave 'em be and add to them when it looks attractive.

Toying with the idea of buying some stock today and writing Nov 10 calls on it. I think a pullback is inevitable, but can't decide if the one we're seeing intraday right now is all we're gonna get. I'm inclined to think not. This has been one serious runup and I would think it'd be begging to do some back-filling.

I still like it here, but would love it in the low to mid 9's. I don't think 8's are possible anymore.