Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

New Signal For Millennium Pharma Event System

For NKTR Oct 19 '13 buy 11 put & sell 10 put for net debit ~.55 If stock goes to 9.7 close position for profit. If stock goes to 10.7 or end of day buy 11 call & sell 12 call at midpoint.

Michael Bassali

Disclosure: I am short NKTR.