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To: DuckTapeSunroof who wrote (718639)12/16/2005 10:47:46 PM
From: TideGlider  Read Replies (1) | Respond to of 769670
 
They weren't naked . I bought the calls. If someone sold them naked they will be buying some stock LOL Just followed it closely. Lots of positive news ignored because Lipitor is huge 11 billion a year. The patent cases went for Pfizer in Norway, GB and somewhere esle, I forget, but til the US case was resolved it just kept sinking. I knew Tax sales were over after they increased the dividend. There was just a short time before the decision would be rendered. It was a year old. It was ripe. I tought any day, I just didn't expect today because the court gave no notice and often they do.

I chose today because it was up nicely for several days and Expirations are volatile. I figured any low price today would pay off without the decision.

Got lucky, but to tell the truth I cleared some other cash to do the same next week and would have preferred to have gotten more. ;)