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Author: PuddinHead42 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 24905  
Subject: Re: VRTX spiking in pre market Date: 5/7/2012 1:12 PM
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Crazy reaction, I was lucky enough to sell 50% at just above $60. Will hold rest for possible takeover, will buy back if it feels right later. This happened last, got a big spike, then a long fade between news. This is also the danger of writing calls. I had calls out on 20%, but fortunately they expired in April, was considering more if it could creep up a few more points. volatility is high now, so I might sell some June calls, maybe. June $55 strikes going for $3.50
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