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Absolutely. Nothing is ever positive with the FDA, and you will be happy that you played it safe if they delay approval. If the stock his 15 bucks by options expiration your calls are worth around 122,000. That makes the cost of the puts look like pocket change.
thanks guys I will at least cover half my investments with puts.thanks a lot guys
no prob. good luck. Hopefully we will all make some $$
No problem, best of luck to you!