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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Allan F who wrote (3830)	2/19/1998 7:51:00 PM
From: Brian Moore	of 4339

To all: Today LGND closed at 14 5/8. The ask for the August call at 10 is 5 1/2. To me this seems like a pretty good buy. The ask for the August call at 15 is 2 3/8. To me this seems more expensive, like the stock would have to make a larger move for me to make money. Assuming I'd like to buy some August calls, which should I buy? I'd very much appreciate hearing your opinions. Thanks!

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