Progenics Pharmaceuticals (PGNX) trading at $17.16, Mar 2008 $17.50 (GUBCW) call trading at $4.10. Buy-write for $13.08 (17.16 - 4.10), sell for $17.50 for a 34% gain in two months.
Sunday, February 3, 2008
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A random walk through the stock market.
Progenics Pharmaceuticals (PGNX) trading at $17.16, Mar 2008 $17.50 (GUBCW) call trading at $4.10. Buy-write for $13.08 (17.16 - 4.10), sell for $17.50 for a 34% gain in two months.
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