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Biotech / Medical : Delta & Pineland Co. -- Ignore unavailable to you. Want to Upgrade?


To: Joe Wesley who wrote (62)8/19/1999 6:08:00 PM
From: Allen Furlan  Read Replies (1) | Respond to of 67
 
Thanks for reply. I decided that risk too great at this time. One comment on option series. If deals are successful on arbitrage plays the long term option premiums collapse just as quickly as the near term, therefore I look for bigger premium when the major risk factor is deal or no deal. For cse I sold csemg(Jan 35 puts) at 2 1/4 several weeks ago.