Wednesday, March 3, 2010

Re: [ConservativeOptionStrategies] fwiw--navalier emerging market pick TEVA/HITK

 

See HITK another generic mfg is creeping back up.  I bought some at $24 and some at $21 sold the $22.50 MAR and the $25 MAR

--- On Tue, 3/2/10, John Hudgens <jdhudgens2000@yahoo.com> wrote:

From: John Hudgens <jdhudgens2000@yahoo.com>
Subject: Re: [ConservativeOptionStrategies] fwiw--navalier emerging market pick TEVA
To: ConservativeOptionStrategies@yahoogroups.com
Date: Tuesday, March 2, 2010, 4:38 PM

 
Navalier picked TEVA as his best emerging market stock for 2010. TEVA is currently the largest generic pharma in the world.   As noted earlier, TEVA is ready to kill PFE as soon as Lipitor goes of patent later on this year--and that wasn't even mentioned in his blurb on TEVA. 
 
The  cc's aren't that rich, but the appreciation should justify OTM calls. 
 
The stock is at $60.95 and the march  60 puts are at 0.59,  if you believe the hype, april 60 puts are at 1.21.


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