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Biotech / Medical : Biotech Short Candidates

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To: Robohogs who wrote (829)4/24/2007 10:35:51 AM
From: tuck  Read Replies (1) of 897
 
>>Just took a look at the options on MDVN - I have never seen spreads like this for at the money near months. Wow!<<

It might have something to do with recent switch from AMEX to NASDAQ? I find the MDVN option situation very strange, as if normal market forces don't work for it.

Yeah, some of the mildly aggressive NRMX bear spreads look OK (I looked after I posted), I might put one on. NBIX, not much upside, but doesn't seem to have a lot of downside, either. Still, serious support doesn't come until the $10 buck range, if memory serves, so you could make some trading $; could definitely be part of a short basket.

Cheers, Tuck
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