Zonagen (zona) - good buy? Message Board

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Biotech / Medical : Zonagen (zona) - good buy?

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To: Jacques Chitte who wrote (4599)	6/23/1998 7:37:00 PM
From: chester lee	Read Replies (1) of 7041

I just looked at the options, Puts, someone bought or sold 200 contracts of the Aug 25's and Nov 20's. My guess is someone knows something or is feeling mighty speculative. 400 contracts is big money. For the buyer to make out on the Nov 20's, the stock has to drop to 16-ish just for break even. For the Aug-25's, Zona has to drop to the 21-22 range for break even. My BE prices re estimates, since I don't know what price the buyer actually got. chester

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