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Biotech / Medical : Biotech Valuation
CRSP 54.84+0.2%3:59 PM EST

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To: kenhott who wrote (31325)5/28/2009 8:32:42 PM
From: Jon Khymn  Read Replies (3) of 52153
 
SVNT option premium is very high right now.
couldn't resist the temptation.
So sold both Calls and Puts.

So you think it will not likely to pass, huh?

I don't care much wheather they pass or fail on June 16th.
I will collect the premium for next 2 weeks and cover before the meeting on June 16th.

But I am kinda curious what would be the stock price would be in case SVNT pass or fail.
What do you think?
My guess is either $10 or $3
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