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Biotech / Medical : Sepracor-Looks very promising -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (9478)5/25/2006 8:23:57 AM
From: Rocky9  Respond to of 10280
 
"of course I had just sold some SEPR June 50s for only $1.50 or so as I became convinced the stock would flatline for awhile - now the 60s are almost as much and only on a $2.50 move from low to high"

Me too (sort of). Around 2PM yesterday, I did another collar - using Oct 40 puts and 60 calls. Only 10% of my position, but it looks pretty dumb right now.

Given the current pricing. I will probably sell some June puts today - either 47.50s or 50s. Risky if nothing happens, but not too.



To: Robohogs who wrote (9478)5/25/2006 10:43:59 AM
From: I_Banker  Read Replies (1) | Respond to of 10280
 
I sold a bunch of June $57.50s yesterday for a $1.20. I suppose I will regret it if SEPR soars on buyout rumors or reality. I took advantage of the vols though and sold some June 45 puts this morning for $.65.