Well I couldn't keep my hands in my pocket...I did sell the 7.5/2.5 and covered this morning with $1 loss..just didn't want to be stuck with this dog 
Anyone know a good covered call service
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Well, sh*t happens. But at least you did your due diligence and chose an option strategy that enhanced the risk/reward distribution. Losing positions are part of the game... but why increase the risk?
With these FDA situations, I try to scalp the underlying as soon as the news is out, particularly when the news is bad. At $3, it's hyper liquid and sometimes with a wide B/A spread, you can get good, quick fills in between.
I leave the directional stuff to those who know what they're talking about
With these FDA situations, I try to scalp the underlying as soon as the news is out, particularly when the news is bad. At $3, it's hyper liquid and sometimes with a wide B/A spread, you can get good, quick fills in between.
I leave the directional stuff to those who know what they're talking about