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Pfizer: Big Fish Eat Little Fish

|Includes: AGN, Pfizer Inc. (PFE)

So Pfizer (NYSE:PFE) may buy Allergan (NYSE:AGN):

I'm not sure what to do with my position, long Jan 2017 25 LEAPS calls and short Mar 35 calls.

Maybe I'll study Breugel's etching for a while, to see if I can place Allergan, Pfizer and myself in the picture, derive some deep insight before I make the next move.

Disclosure: I am/we are long PFE.