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Biotech / Medical : Biotech Derivatives -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (353)8/11/1999 2:44:00 PM
From: Merritt  Read Replies (2) | Respond to of 555
 
DAK:

I take it you don't feel there'll be enough volatility to justify a straddle?

The Sept 30 calls are 2 1/2 (seems pretty rich to me) and the Sept 22 1/2 puts are 1 3/8.

If I were long the stock, I think I'd be buying some puts for insurance.



To: LLCF who wrote (353)9/8/1999 3:36:00 PM
From: LLCF  Read Replies (1) | Respond to of 555
 
<INCY vs AFFX is supposed to be very soon.>O.K. I bought 10 Aug 30's and 10 Sep 30's today.... courtroom lotto.>

Lawsuits??? We don't need no stinking lawsuits!!!!!!!!!!! GO YOU BITCH!!!!!!!

Sorry, awfully excited about this one... one of my larger investments. :))))

DAK


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