Quote from stonedinvestor:
Captain O hello.
It's taken me some time to get around to greeting you for like the I Love Brazil thread I simply can't believe this stilll going on!
You sir are RELENTLESS and I really appreciate it although somehow it's all so tiring I never take the time to look anything up... it's all "well that idea worked out great yesterday and lets sell 1/2 against that and let the rest rip!..." daytrading is not for me.
Let me try and get ahead of the ball. AVNR is one of my bio babies, in fact I profiled the name here in stocks section. How do you read the option action. Just trying to make sure I'm not sitting here with rose colored glasses-- to me this vol indicates a huge event coming and I'm laughing uncontrollably now as I write this...
ARNA was upgradedc today I think Opp, salesforce told to push the stk BEFORE FDA date which is a pretty good sign of approval coming.
Appreciate any comments on AVNR and keep up the good work. ~stoney
Hey Stoney, long time no communicate here. I've seen some of your posts and I hope you're getting the heath issues resolved.
This thread is like Freddy Krueger, it cannot be killed.
My read on the options action in AVNR is that somebody thinks this is plus/minus a dollar or so from where we're at right now, probably for the rest of the year. I don't know if I agree with that, it's just the read I get from the options action. If it stays in that range I'll take it because I'll have made money sellings calls, and if the price pops a buck or so, I'm good with that. If it takes off on some good news I'll lose some of my shares being called away, but still have enough left to keep me with a smile on my face.
I'm fairly positive the news on ARNA will be good for the rest of the month, though I don't think it will run as hard as some think. Hope you're feeling well. Let's make some money!