{"id":5,"date":"2010-04-18T14:22:56","date_gmt":"2010-04-18T14:22:56","guid":{"rendered":"http:\/\/www.cheapiv.com\/?p=5"},"modified":"2010-04-30T16:50:06","modified_gmt":"2010-04-30T20:50:06","slug":"genz","status":"publish","type":"post","link":"http:\/\/www.cheapiv.com\/?p=5","title":{"rendered":"GENZ"},"content":{"rendered":"

\"Genzyme<\/a><\/p>\n

GENZ (Genzyme Corp)<\/strong><\/p>\n

Recently fell from $60.15 to $50.94.\u00c2\u00a0 Implied volatility popped a little on the stock price drop, but has settled back in.\u00c2\u00a0 The stock is poised to make a move higher after a nice consolidation in the $54-51 range.\u00c2\u00a0 Where the options implied volatility index is not the cheapest it has been over the past year for the stock potential movement it is fairly priced.\u00c2\u00a0 The implied volatility dropped to 24% and the at the money options are now trading at 30%. The positive movement in the stock will drive the implied volatility lower but it should go much lower then the support area around 24%.\u00c2\u00a0 The stock price appreciation should far offset the decrease in the option’s volatility drop.\u00c2\u00a0 There are multiple ways to play this depending on your style of trading or favorite strategy.<\/p>\n

Results:<\/strong>[private_free]<\/p>\n

\"\"<\/a><\/p>\n

4\/21\/2010<\/p>\n

With a gap down and then a jam to new highs over $55 we are taking the quick pop to get out of our ATM $52.5 Calls.\u00c2\u00a0 We were able to get in the May Calls for $2.3 and and after the pullback at the end the day today we are just taking the quick profit. We can sell them for $2.7 on the close.\u00c2\u00a0 A quick $.40 in two days is a nice trade.\u00c2\u00a0 If we had ended the day closer to the high we may have tried to ride the position for more gains.<\/p>\n

[\/private_free]<\/p>\n

Register For Free to See the Results<\/strong><\/p>\n

[register_free]<\/p>\n","protected":false},"excerpt":{"rendered":"

GENZ (Genzyme Corp) Recently fell from $60.15 to $50.94.\u00c2\u00a0 Implied volatility popped a little on the stock price drop, but has settled back in.\u00c2\u00a0 The stock is poised to make a move higher after a nice consolidation in the $54-51 range.\u00c2\u00a0 Where the options implied volatility index is not the cheapest it has been over […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5","post","type-post","status-publish","format-standard","hentry","category-cheap-iv"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts\/5","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5"}],"version-history":[{"count":0,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=\/wp\/v2\/posts\/5\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.cheapiv.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}