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Biotech / Medical : CEPH
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To: virgil vancleave who wrote (486)11/6/1997 4:00:00 PM
From: Brian Pastor   of 998
 
It is also interesting to note the Nov. 12.5 call's inplied volitility has seen some real increase in that you could have picked up the same call a couple of days ago, when the price was 12.5 or more, for 1.25 per call or less. it is tempting to follow the money on this one, but unless you watch it closely, trade by trade, you also cannot tell how many people are simply getting out of the call. After all, going into today, open interest was over 13k.
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