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Author: JiminyBillyBob Three stars, 500 posts Old School Fool SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 100  
Subject: Re: Options Date: 2/12/2013 6:00 PM
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So I closed out my Feb written puts for close to full value, and today, I wrote new March puts. I was more aggressive because the strike is 25 when my Feb puts were 23, but as I've noted, volatility has really decreased. The premiums are much lower but still relatively good.

Earnings will be relased on Feb 26, and there is a lot to look forward to. Because Questcor released during its last presentation that they have record scrips for this quarter, I expect numbers to be solid. If rheumetalogy related sales show a significant increase, I think the stock could pop a little. If the stock falls after earnings, I don't think it'll stay down for long due to the stock buyback (not that I'm a fan of buybacks).

Carl
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