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Biotech / Medical : Immunex
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To: Henry Niman who wrote (255)11/18/1998 9:50:00 PM
From: Weekapaug  Read Replies (1) of 656
 
Henry,

I wrote March 80 calls and bought Dec 75 puts to hedge my position on Monday, when it was 77 1/2. Today it's 771/2. I think it may have made a double top.

Who Knows? But, I could NOT resist protecting my gains and even if I lose, the gain would be good to start the new year.

Best Regards,
Ken
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