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

To: celeryroot.com who wrote (28)	3/1/1999 9:08:00 PM
From: LLCF	Read Replies (1) \| Respond to of 555

<Lgnd is one of the bio's whose options I follow.......there has been very little March Call activity on Lgnd in the last few weeks.> Yes, since the "crash" (cancellation of agreement) as a matter of fact. Thats why the activity looked interesting to me... < April activity has 10 open transactions on the calls.You claim someone is selling March and April Calls, if so , upto date it has been a very small time player.> I told you how many, and which months... and stated I din't think this was much... it does show buy interest in the stock however, you'll have to check tomorrows open interest to see the new open interest after these trades. <Also, you might point out to people for every seller there is a buyer.> I thought that was self-evident, but for the thread, what I try and decipher (not always possible) is which side the public, institution, etc. is on and report that... it is assumed from now on that market makers took the other side if not noted differently. IMO it's not worth following MM's since they don't know beans. I'm also hoping we can get some suggestions as to upcoming news which may be worth "leveraging" in options... any ideas? Also... how are those LGND warrants... should I still be holding those rather than stock? DAK