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Biotech / Medical : Biotech - Technical Analysis

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To: XenaLives who started this subject3/2/2002 12:47:02 PM
From: rolatzi  Read Replies (1) of 544
 
Does anyone here trade options on biotech stocks?
It seems to me that there may be a good opportunity to buy puts and calls on biotech firms that have few products and are expecting decisions from the FDA. I haven't done the research, but unless the premium on the options get extremely high prior to decision, you should be able to make money regardless of whether the drug is approved or disapproved. Has anyone done the research? Is there a web site which lists approximate decision dates for FDA decisions, and where is it?
Thanks,
Rolatzi
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