This was a heading on my newspaper's section front page of the Health & Fitness section. It chronicled the story of a gentlemen who was told that nontreatment for older persons is the answer. Not happy with this he answer, he was older than 75, he went to California to treatment with Accuray's Cyberknife, previously cleared for use on the head, neck and upper spine, the rest of the body was cleard in 2001. The system is a robotic radiosurgery noninvasive alternative to surgery and involves no anesthesia or incisions. I recommended this to friends back in the $4-5 range and recommend picking up more when it pulled back to the $3's. I was happy with the consolidation around $5 and began selling $5 puts. Very successfull, they expired each time and even if they hadn't and were put to me I knew I could pull out of them based on the current trading range ARAY was in and the great news and growth of the company. It has now been trading above $7 and I am looking at the Dec 7.50 PUTS as my next naked put trade. Will be looking for a premium of $1.50. I may consider selling some calls as I continue to watch the company and would like to pick some up as a long term investment. The product is expensive, but it works, saves lives and can only get better.
Happy trading...
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