I was in aapl for years and we had some more sophisitcated shorts there they would pump extremely hard and get peoples expectations extremely high before earnings so that they couldnt meet then there would be a selloff Seen it on other boards also, it works a lot better for shorts imo
it is on there websites and was sent out by IR as an alert before market opened and is on all yahoo news under both companies.
yes but their are only 2 hyperactive fools on that board and easy to ignore on HZNP but on OPK man I have to spend 15 minutes a day putting new ids on ignore.
as I have explained to you before that is not true, you can make more doing the arb in options buy 4 BRLI nov $35 calls and sell 11 dec opk $14 calls for a credit to make 1400 plus your credit with a need for margin but no cash from your account or interest charges. this is a lot easier than borrowing stock or paying juice charges to the broker.
yes I just figure differently on what is free and what is investment. I just have to figure out what you are thinking as I believe what you say. I would suggest that since you will bet 4220 shares of OPK at closing that you consider selling 21 OPK dec $17 calls tomorrow for !,55 this will give you $3250 and if opk is above 17 in dec you will still have 2120 shares that you will only have a total investment of the original 62000 minus the 3200 on options minus the 39000 you sell the 2100 shares for or a total of $20000 in 2120 shares approximately a
fter commissions or 9.43 per share. and if it is under 17 then your cost on the 4220 shares will be 62000 minus 3200 or
13.93 per share. just a though on risk reduction which is usually important to me. I do a lot of option strategies for risk reductioon and profit.
iceman, you know as well as I do that the accuracy of drmiami statements have to be taken in general and not specifically for example he says he bought 1509 shares today which I will take as fact but not for 60k as the lowest price was 41.06 and lets say he got it at 41.10 then that would be 62000 most of the day Brli traded at a 7% discount to OPK as I watched it all day as i was bought 40 BRLI nov calls to add to my position at 7.80 and sold 110 dec OPK
$14 calls at $3 so he made 7% more shares of opk he will end up with 4177 which will give him 273 shares free va having bought 62k of opk today No mat=ter where the price is he will get 273 shares free the rest will be from appreciation or loss of stock value. but not free. It may be the way you look at it but doing spreads and arbs teaches you the numbers and how to figure and that is how it is. I confuse numbers occassionally or make errors and i will give him a rounding on the 60k but he will not make 15k on that trade free. vyr rgw 273 times todays price is what I would figure the rest
he would make on the investment. Now what I would consider is selling 47 dec OPK $17 calls at 1.55 for another 7250 dollars reducing my investment to 55k rounded and if OPK is above 17 taking my profit of $16000 to the bank and if not then my cost in OPK would be 13.17 It takes profit potential out on topside but reduces risk if not wanting to do all then do 23 calls and if it closes you now have 9.58 per share in opkon what u have left if it closes above 17 on what you have left or 12.31 if it closes below.17 on all of it
what if what if those are statements made by fools not investors, or bears, on stock swaps the merger unless fraud is discovered rarely fall thorugh, if memory serves me right BRLI has to pay 50 million to get out. this deal is 99.98% done it is only a question of when and all things point to september. I expect a SEC filing this month
well i did and bought an additional 4000 shares of brli today but as calls nov $36 calls and sold 11000 shares of opk $14 calls got a credit of 1771.44 and will make $14000.00 more if opk is above 14 by closing protected profitably to 34.56 on BRLI or 12.57 on opk wehn I get done I will get 4400 shares of OPK for FREE
I think you are off on your numbers again 60 k of 1509 shares of BRLI will get you 4177 shares of opk which will have to be at 18 to make you 15k it currently if they closed deal tonite would net you almost $8000
he is improving at last he acknowledges it will be going up in the month ahead that could break his record of wrong predictions as long as you only consider direction lol
IMO the best way to exit is to sell nov 100 ACE calls against your holdings 6 contracts per 1000 shares of CB
and used their 6 mo fast track application and it is for HIV in conjunction with janssen pharma, I would have thought they would have used it on something else that they owned fully, oh, well good luck on that application but it also competes with one of their current regimes which is also surprising to me on its use.
posters other than ignore button then these boards are going to become totally worthless, they need a moniter and way to track multiple Ids to give them one warning that their posting privileges will be suspended for that computer ID if they continue. The only reason they dont is they must be being paid by the HF that pay these guys.
I dont know what was funnier your sarcasm about stanstevens being your nonproprietary trading system or the fact that he didnt understand it any better than he understands this stock. you may have to name it in CAPITALS so he can see it better.