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Biotech / Medical : Aurora Biosciences (ABSC)
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To: scaram(o)uche who wrote (346)3/2/2001 1:23:53 PM
From: tuck  Read Replies (2) of 359
 
Rick,

What's neat about puts on low priced volatile stocks is that they come in 2.5 point increments and often sell for more than that. If the stock continues to crater, one can keep rolling down without getting hurt in these situations. ABSC is one of those stocks.

Cheers, Tuck

edit: Well over a million shares. Our bailer ought to be done pretty quickly at this rate.
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