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Bought AMLN and write July 12.50 calls

|Includes: Bristol-Myers Squibb Company (BMY)

Bought shares at 12.54 and wrote July strike 12.50 calls at .80/contract for an intrinsic time value of .76/share.  AMLN is building a very nice base in the 12.00 to 12.25 arena.  Also, activist investor Ichan is on the throats of management.  I expect shares to trade north of 20 in 6 month.