Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 203.92

-1.4%

12:57 PM EST

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To: tonyt who wrote (15531)	2/20/1998 5:12:00 PM
From: Flagrante Delictu	Read Replies (1) of 32384

tonyt, >> ...just maybe it had something to do with the fact that the Feb. 15's had the largest open interest. << According to the chart you posted, there was no volume in the calls all day & 140 puts traded compared to their open interest of only 24,000 equivalent shares. Do you really think 24,000 shares can move LGND from 14 1/8 to 15 & back to 14 5/8 in such a short period of time? Bernie

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