>>I'm sure you know, top line interim efficacy look in hgPIN is due 1Q08. Company has guided it will be "on time", but that leaves 10 days after expiration so good chance you'll capture the premium. <<
Oh, that's it. What I get for shooting first and asking questions later. Umm, first quarter is in the books, so they're late, if that's what they were saying. End of April would be the first third, yes? So it could be coming any day now, and that's why the high IVs.
Thanks! If I manage to capture the premium uneventfully, I know to stand aside. Good thing I didn't sell too many of those puts, should I get unlucky here.
Cheers, Tuck |
