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Biotech / Medical : Biotech Derivatives
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To: LLCF who wrote (197)5/13/1999 2:03:00 PM
From: rkrw  Read Replies (1) of 555
 
Thanks for the tip on MLNM options. Volume is astounding. You'd know better than I, but it looks to me like a great deal of the volume is positions being closed. Is this correct? My guess is a leak of new coverage. Not sure if Merrill follows them or not.

<<Oh Christ something is happening to our sacred MLNM, thousands of May calls trading now.... can it get taken out?>>

I guarantee you that they do not get taken out. If anything, MLNM will be doing the taking.
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