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Biotech / Medical : Sepracor-Looks very promising

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To: Rocky9 who wrote (6025)6/15/2002 4:54:46 PM
From: Londo  Read Replies (2) of 10280
 
It looks like someone bought 2000 '05 20 leaps for 2.70 on Friday.

And somebody sold 2000 '05 20 LEAPS for 2.70 as well. The trade was at 11:57 (SEPR common was roughly $9.80 then).

The real question is which side of the trade did the specialist take? As far as I know, it was between the bid/ask spread at the time.

Buying SEPR common, and selling January 2005 20 calls would be an even safer way of playing the stock.
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