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


To: LLCF who wrote (424)9/30/1999 11:00:00 PM
From: Bob L  Read Replies (1) | Respond to of 555
 
Well, if it is a covered straddle and they bought the stock on the dip under $13, that 63% premium to April would be like a 100% return annualized, right? For the risk of CLTR tanking below 12.5 and staying there? Not a bad return. Somebody please lend me lots of money so I can try stuff like this too.