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Biotech / Medical : GLAXO (GLX)
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To: Barron Von Hymen who wrote (152)2/25/1998 8:08:00 PM
From: Sundar Rajan  Read Replies (1) of 222
 
I finally got a chance to play the "buy options on slams" technique that Wade Cook talks about. Yesterday bought some May 50 GLX calls for 6 3/8 when the stock was about 55. Couldn't believe the small time premium for such a long time frame. Anyway sold the calls for a nice 1 day profit today.
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