fuzzballl 6:29 am on Wednesday, September 14, 2016

SRPT gap

Up 4 bucks this morning. Never did get another position set…grrr!

thomberg1201 7:13 am on Wednesday, September 14, 2016

Your IBB is up big too, must be something in the biotech world
- fuzzballl 7:17 am on Wednesday, September 14, 2016
  
  My OMM post when asked about my IBB sale…
  
  You never know. Main reason I sell the puts is to possibly acquire the stock at a level I can live with and get paid to wait. The ones I sold yesterday generate 11.8 percent annualized (cash secured) even if I never get the stock. Also, IBB seemed to hold up quite nicely on these big down days. Of course, like you mentioned yesterday, big political risk. Long term, I don’t think it will be that big a deal based on what I heard or read somewhere about the big drug company’s contributions to Hill’s campaign.
  
  And…
  
  @fuzzball $IBB Wink wink…here ya go sweetie. Take this envelope but don’t open it until you get home…shhhh!
  
  “All told, Clinton and the independent super PACs supporting her have already collected $3.9 million from the health care field, surpassing Obama, according to an analysis conducted for STAT by the Center for Responsive Politics. Trump, by comparison, has brought in only $82,000”
  
  https://www.statnews.com/2016/08/16/political-money-health-care/
  - 1strangealien 12:03 pm on Wednesday, September 14, 2016
    
    I’m a pharmacist and have witnessed the huge run-up in drug prices. Epi-pen and the Shkreli guy are just the tiny tiny tip of the iceberg, trust me. Any grandstanding by the political world to do anything about it is a bunch of fluff. The drug lobby owns all of the politicians (across both aisles).