SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Alnylam Pharmaceuticals, Inc. (ALNY)
ALNY 456.04+1.4%Oct 31 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hmpa who wrote (126)9/28/2007 11:01:20 AM
From: tuck  Read Replies (1) of 166
 
>>With the chart the way it looks I wouldn't be selling naked calls (I did buy some Dec puts for the binary though...)<<

You're referring to the ALN-RSV01 P2 results? They did say, vaguely, 2nd half, in the last quarterly PR. Have you heard anything different? I almost always figure such data releases will be in the latter part of whatever time period is specified. As such, I'm pretty comfortable holding my naked October call sale position. I wasn't planning on taking it any farther than that. I don't think it is that binary, either. Have you looked at the IVs of the options? Pretty normal, though there is a relatively large open interest in the December calls.

Cheers, Tuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext