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


To: JamesK who wrote (51965)7/24/2022 2:31:42 PM
From: A.J. Mullen  Read Replies (1) | Respond to of 52153
 
Thanks again for bringing the prices of options in ALNY to my attention. I sold half my holdings and also sold puts for the same number of shares. If the FDA decision goes against the company, I could end up with the original number of shares at a lower net cost. $20 a share seemed a reasonable premium for the risk of a decline greater than 23% given the company isn't a one-trick pony. Otherwise, I've halved my exposure to mediocre and blow-out moves.