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Biotech / Medical : LIPO-Liposome
LIPO 0.3090.0%Dec 8 11:08 AM EST
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To: G-MAN who wrote (794)9/2/1999 3:37:00 AM
From: StaggerLee  Read Replies (1) of 900
 
How about the implied volatility in these options! 170% or more! This looks remarkably like SNRS in July. Selling covered calls seemed like a no brainer until the FDA panel shot them down and the stock tanked from $15 to $5. The options market suggests that same kind of volatility is possible here on September 16th. The only question left is which way it's going to move.
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