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Biotech / Medical : CRIS, Curis (formerly CBMI)
CRIS 1.120-2.6%9:54 AM EST

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To: crysball who wrote (38)6/1/1997 11:23:00 PM
From: aknahow   of 668
 
crysball, perhaps of interest, perhaps not. On Jan 24 sold 20 calls on CBMI, strike at 12.5 exp May. Stock was around 10 then. The ease at which these were sold, the premium received of $1 1/16 for a strike 25% above the current price made me think someone "knew" something. Thought sure stock would be called. Have written puts at $7.5. Like the company but will consider selling call again but would like to why the sharp move up.
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