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Biotech / Medical : Cell Therapeutics (CTIC)

CTIC 9.090

0.0%

Jun 26 5:00 PM EST

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To: tom pope who wrote (432)	2/17/2005 9:03:39 AM
From: Biomaven	Read Replies (1) of 946

tom, Would have to be a combination of short stock, long March calls and short June calls. So basically some options trader moving their long options position from March to June, and either that same trader or someone else also selling a bunch of stock. So basically somebody who used to think the results would only be out after March expiration now thinks they will be out before March expiration. I'm still long, although I did take a something off the table in the recent rise to $10, and I (prematurely as it turns out) sold my March calls. Peter

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