GNTA high IV

Quote from AAAintheBeltway:

Getting hammered again, have they announced anything yet? Haven't seen anything but selling seems to be pciking up.

(sic) earnings were released, but nothing is happening until Monday. I expect a unanimous advisory-panel reco to approve the drug for MM.
 
Legged into a put fly for .05 (10/12.5/15), did it 20 times, trying more. Probably could have done it for nothing or even a credit, but I fucked it up.
 
Quote from Trajan:

Legged into a put fly for .05 (10/12.5/15), did it 20 times, trying more. Probably could have done it for nothing or even a credit, but I fucked it up.

Bought some 20/25/30 call flys for 25 cents. My money's on Arb!
 
Quote from AAAintheBeltway:

Seem to be some attractive arb plays in this name. I just noticed you could do the 10/20 call bull spread for .50 less than the stock was trading.

yeah, but the call spread should trade under the shares.
 
Quote from MYDemaray:

just did the same thing, but made it 5x20 / -8x25 / 5x30

Tried to buy the same number of 15/20/25 flys for .30 to complete a condor. Got filled on half, leaving me with the equivalent of a 5/-15/10 fly at the 15/25/30 strikes. Risk:reward is 1:9 at max profit with profit range between 15 and change and 29 and change. Thus, I'm hoping Arb's proven right next week (but not too right).
 
Quote from Hello_Dollars:

Tried to buy the same number of 15/20/25 flys for .30 to complete a condor. Got filled on half, leaving me with the equivalent of a 5/-15/10 fly at the 15/25/30 strikes. Risk:reward is 1:9 at max profit with profit range between 15 and change and 29 and change. Thus, I'm hoping Arb's proven right next week (but not too right).


What?

Say again?

I'm a little slow.

Can you repeat your net position?

-ND
 
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