I was writing covered calls, but I'm going to switch to pattern trading on this stock for the next couple of months. My options should expire worthless tonight which is a relief. Going to enjoy the ride up next week.
IMGN traders have made a ton, investors have earned nothing over the past 12 months. I do both, but am increasing my trading and lessening my holdings (a little). I still think it's a great long term hold if/when they get their next big drug advancing. They have several strong candidates and one major issue, inability to design and execute advanced clinical trials. They hired Charlie for that- a do, or die decision for Junius IMO. Any more failures, or delays and Dan will need to go, IMGN shareholders have see enough! All IMO, not advice.