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Strategies & Market Trends : January Effect 2004

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To: semi_infinite who wrote (31)12/30/2003 1:45:37 PM
From: Biomaven  Read Replies (1) of 55
 
The option premiums on RGEN were very high and I sold Jan 5 puts on RGEN as well as buying stock.

I hope you are aware that RGEN has a binary event scheduled for early January - the results of a key trial are likely to be announced. The stock will likely either double or halve depending on the results.

Peter
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