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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.0002000.0%Oct 31 9:30 AM EST

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To: Scott G. who wrote (480)8/6/1997 7:01:00 PM
From: Ryvers   of 572
 
Breakeven may have been 14.5 on the upside, but you structured it so that there was serious juice to be had at 18, 19, 20+. Is the technique (straddles) reasonable on stocks without a go/no go decision looming in the future? Your trade was a no lose bet precisely because ABTI would either be a $5 stock or a $18 stock depending on the PIII outcome.

What about standard earnings announcements.... or should straddles play their biggest role in small technology/biotech cos?

Appreciate the pointers.

Ryvers
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