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Biotech / Medical : Momenta Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Rocky9 who wrote (1016)5/8/2007 1:30:15 PM
From: Rocky9  Respond to of 3027
 
From 4/27 (that wasn't just 8 trading days ago was it?):

"The stock is still pretty strong. I hope to be able to roll the May 17.50s out and up, but I will be glad to keep the premiums as long as the stock doesn't head below 15."

Well, I was not able to roll anything up or out, though I was close to rolling some May 15 calls out to June, but got a little too greedy. I did roll out some May 12.50 puts for a $.90 credit today.

My hope that the stock would hold 15 also was not-to-be. Let's see if it call hold 12 as it has done in the past. There sure is a lot of uncertainty here, but it has been that way for a long time. The volatility has rewarded those that have played it right. Me - I've been way too long. Oh well.