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Biotech / Medical : biotech binary events
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To: Robohogs who wrote (243)3/30/2007 7:23:51 AM
From: kenhott  Read Replies (1) of 295
 
I did something a little more complex but basically it was a calendar spread, capturing the delta between the longer time calls and the shorter time calls. I don't usually do pair trading because I believe I can time when to do the different legs. I captured about $.75 which will give me a cushion on a day like today. Is it going to be enough? I don't know. But I will likely also dissolve the spread at different times which may allow me to walk off with a gain. Looks like it is trading at about $17 right now.
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