Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.65

+0.9%

11:27 AM EST

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To: Machaon who wrote (19232)	4/17/1998 10:17:00 PM
From: WTDEC	Read Replies (2) of 32384

Bob, You make a point worth exploring in some depth. Russian Bear, Bernie and/or Celeryroot may know or can get the open interest on the puts and calls which expired today to see what the economic consequences were to the 15.25 close. I don't know where to get that. I did look at the 5 minute Big Chart and note there was very strong volume in the last 10 minutes, but the price level had started steadily upwards at about 2PM and was over $15 before the big volume kicked in. I don't know how much of the volume at the end was option related--maybe all of it. Bernie, what is your view here? Walter

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