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Biotech / Medical : InterMune (nasdaq)ITMN

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To: Secret_Agent_Man who started this subject8/20/2002 9:21:35 PM
From: IRWIN JAMES FRANKEL   of 508
 
Options today:

Sept Calls (contracts, strike, close)

176 22.5 3.60
1542 25 3.00

Sept Puts (contracts, strike, close)

1542 17.5 2.75
875 20 4.20

The volume on the 17.5P and 25C look like they are related at 1542 otherwise it would be a big coincidence. It could be a big bet that ITMN ends September 20th, outside the range of 11.75 to 30.75. The best way for that bet to be lost is for the data not to be released by 9/20.

ij
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