Hi John,
I have also jumped into february options at 20 about 1 week back was able to finance it at 0.21 . I dont see it rising for the next 3 months as its still dealong with the wyeth buyout.
I doing a naked call on this one.
Good luck to you.
thanks
Amit
--- In ConservativeOptionS
>
> Hi John,
>
>
>
> I assume that these were the January 2011 leaps. Are you planning to write
> shorter term calls against these leaps, or was the purchase to be held in
> the expectation that the stock price will rise?
>
>
>
> Dan (dan2fl)
>
>
>
>
>
> From: ConservativeOptionS
> [mailto:ConservativeOptionS
> Hudgens
> Sent: Wednesday, December 30, 2009 10:47 AM
> To: ConservativeOptionS
> Subject: [ConservativeOption
>
>
>
>
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> I just hopped into PFE. I do not think it will go up in the near term but
> has suport at $18.19
>
> Its at $18.58, the Jan 17.50 are going for $2.37 /2.40 and the jan 20 are
> going for 1.24/1.27.
>
>
>
> John
>
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