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Biotech / Medical : Cardiome -- CRME
CRME 2.330-2.1%May 16 5:00 PM EST
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To: Ian@SI who wrote (26)7/21/2006 3:56:39 PM
From: Ian@SI   of 285
 
Even more ridiculous is the 1.65/2.65 B/A spread on the Sep 10 PUTs.

To say the least, these options are illiquid allowing the specialists to rob you blind.

Thus my use of PUTs to buy shares cheaper than I could otherwise get them; or pocket some premium if they go "out of the money".
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