NFLD... LEAP Covered Call Play

oded · Nov 5, 2006

the right prices of the DEC 5/2.5 PUT credit spread
make it to be a .55 credit which raise the return on risk to over 25%

just to deliver the right numbers for who is interested

Oded

FullyArticulate · Nov 5, 2006

Quote from oded:

which is a very low chance of happening (all theocratically off course)

With IV's near 200%, theocracy may be required!

oded · Nov 5, 2006

fullyarticulate

i agree 100% with your comment

Oded

jllm03 · Nov 6, 2006

Quote from oded:

the right prices of the DEC 5/2.5 PUT credit spread
make it to be a .55 credit which raise the return on risk to over 25%

just to deliver the right numbers for who is interested

Oded

Nice observation...This stock has not in the "5" range since Dec 04.

frank99 · Nov 6, 2006

Does anyone know when the FDA announcement will be for NFLD?

I've heard "sometime in November", and I'm wondering if there is a way to find out more than that.

Thanks,

Frank

jllm03 · Nov 22, 2006

spiking up to $16.00 today...
Can find any news that would be driving this.

Eliot Hosewater · Nov 22, 2006

I'm thinking of putting on some Iron Turkeys on NFLD.

I think I'll wait till the market opens tomorrow.

RichardRimes · Nov 22, 2006

happy turkey day to you as well

frank99 · Nov 22, 2006

I can't find any either. I wonder if someone knows something that we don't.

Quote from jllm03:

spiking up to $16.00 today...
Can find any news that would be driving this.

jllm03 · Nov 29, 2006

Enterd a Bull put Credit spread today on this.
Premiums are there for the taking after a nice bounce in the stock.
BTO 25 DEC 5 puts @ .3 and then STO 25 DEC 10 puts @ $2,125.
16 days till exp.

The LEAP Calander Spread was tempting, but I did not see much movement in the Jan LEAP when the stock was moving.