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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: Allan F who wrote (3830)	2/19/1998 7:51:00 PM
From: Brian Moore	Respond to of 4339

To all: Today LGND closed at 14 5/8. The ask for the August call at 10 is 5 1/2. To me this seems like a pretty good buy. The ask for the August call at 15 is 2 3/8. To me this seems more expensive, like the stock would have to make a larger move for me to make money. Assuming I'd like to buy some August calls, which should I buy? I'd very much appreciate hearing your opinions. Thanks!

To: Allan F who wrote (3830)	2/19/1998 9:17:00 PM
From: tcarnes	Read Replies (1) \| Respond to of 4339

dear allen try cien after it tops fri. have a good feeling about this one. i can't short it now anyway no margin at datek i think it will run up 7 or 8 fri. happy hunting tj.