Dear Al, First, I like to welcome you to the Fools Board and wish you good luck with all of your investment decisions.As to your question.. I have not so good news......only because I never got involved in "Puts" and "Calls", they are too much for my brain. Very confusing.I just buy stocks....mostly "long" and some times "short"and of course I trade. But not very often. I am not a daytrader. I see my self as an investorMy suggestion to you about Gilead, is to do what I did.Buy the stock and leave it alone. I bought mine.... "in September.....2002"......the price,around $35.00 per share. Since then the company has split its shares 2 for 1, twice....One hundred shares in 2002, to day would be "400" and with the new split "800"! So you do the math.You only need a... little...patience.....and goodthings will come to you. I take it that you are quite young and you can wait. PHOINIX20The Eternal Bird
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