Somatogen (SMTG) Message Board

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Biotech / Medical : Somatogen (SMTG)

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To: Ford Investor who wrote (345)	12/18/1997 3:13:00 PM
From: aknahow	of 442

If you like SMTG sell Jan puts @$5. Just did a few for 5/8. Down side is that if there is a big recovery and SMTG just goes up you never end up with a position. But if there is something wrong with the co you wil own it at $5. However the return for a bit over one month sort of compensates for not owning the stock in case it is not put to you. Appreciated you post because even though I follow the stock and see its price and had tried to do same puts previously at 3/8 I had not checked the put quotes. Your post got me to do so.

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