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  1. 1

    option strategy needed on FDA approval drug stock

    Thank you for the response and could you please give me an opinion on my latest trade? I took some of the proceeds and bought may 19 calls and june 25 calls. The final numbers from the study will be presented at the AUA conference on the 28th. There is a lot of hype and the expectation is...
  2. 1

    option strategy needed on FDA approval drug stock

    Hello Talk about crazy- I was very nervous and going to sell half the day before,but luckily did not. I could not sleep and got up in the middle of the night and saw the announcement was set for the next day and I could not trade. Needless to say I almost pissed myself when I heard the...
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    DNDN Option Help

    Hello I had a few options on this stock - I sold most of my position and bought some may 19's. They will be giving out the numbers on the 28th and they look to be very promising. You may see $30 on the 29th. Just my opinion. Good luck!!
  4. 1

    option strategy needed on FDA approval drug stock

    How about the action friday?? 22 million shares and a high of $6.60. This is a real rodeo stock. I still think $10-12 before any press release is very likely. With all this interest it seems to feed on it's self. Per your advice - I will be pulling the trigger on some options in the near...
  5. 1

    option strategy needed on FDA approval drug stock

    The stock is up about 56% this week on huge volume in the stock and the options. My calls are profitable but I am inclined to think we could see $10 - $12 pre-approval. I will be selling some before the scheduled FDA ruling - early rulings are also a possibility. I think I will sit tight...
  6. 1

    option strategy needed on FDA approval drug stock

    Hello Good for you - I did not do so well. You may want to try this trade again - DNDN is up 17% today on heavy volume. It is similar to 2007 - lots of interest both long and short. I have no idea if the drug will be approved but I think there will be lots of trading opportunities in...
  7. 1

    option strategy needed on FDA approval drug stock

    Thank you for an unvarnished assesment and your research - I am long. Note to myself: Do not submit MENSA application.
  8. 1

    option strategy needed on FDA approval drug stock

    Hello Thank you for your input. My $7.50 calls are the same price so I would be out commisions only. My $5 calls are down 17%. The premiums seem to be holding up well in spite of a declining price. I may hold for a while - I still have 11 weeks.
  9. 1

    option strategy needed on FDA approval drug stock

    This is my first post so bear with me. I am following a stock (DNDN) that is in phase III trials with the FDA for treating late stage prostate cancer. The decision date looks to be April 30th. The same situation with the same drug occured in 2007. The stock went from less than $5 to $25 in...
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