Sun, Dec 28, 2014, 2:31 AM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Cyberonics Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • hirsct hirsct Jun 2, 2004 6:47 PM Flag

    Make 25% Return in 12 days

    this is a good trade that takes advantage of the huge premiums. My feeling is this: a negative 6/15 ruling is priced in. The FDA in its eminent wisdom won't entirely trash the device, but certainly won't embrace it. The resulting price action makes a $22-$26 range seem reasonable. If they pull the rug out (a la GNTA), you get to keep the spread. thx for the post.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I don't think the negative outcome from June 15th meeting is priced in the stock ... the stock will in the $10 range if the panel does not recommend approval. However I believe the stock will run up between now and Jun 15th meeting. Good time to buy calls now and puts when and if the stocks runs up.

 
CYBX
55.06+0.43(+0.79%)Dec 26 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Prothena Corporation plc
NASDAQFri, Dec 26, 2014 4:00 PM EST
Rice Energy Inc.
NYSEFri, Dec 26, 2014 4:02 PM EST