fda has to decide on or by may 15

There is also a chance that FDA decision may come as early as this weekend. Tomorrow will be a heck of show. If one has apr call options that are going to expire worthless, you may want to exercise your calls. This will force the call writer to cover next week. This way you get something back instead of zero. After all, in the next 2 weeks, do you still think you can buy dndn shares at $15?

Most money are sitting on the sideline waiting for the turn. Once it has turned, it will move up violently and forcefully.

The bottom line is that nobody wants to have naked short position after April OE. Whoever does that, I truly admire him.