Post by milachka63 on Apr 3, 2014 13:51:22 GMT -5
Any ideas for a strategy going into the FDA decision?
Personally I bought a 7.00 call calendar (sold next week's calls/ bought calls for the week after) for 0.40.
Idea is that next week's calls could expire worthless and the long calls will benefit from volatility and eventually a positive decision.
Personally I bought a 7.00 call calendar (sold next week's calls/ bought calls for the week after) for 0.40.
Idea is that next week's calls could expire worthless and the long calls will benefit from volatility and eventually a positive decision.