SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech Derivatives -- Ignore unavailable to you. Want to Upgrade?


To: Miljenko Zuanic who wrote (134)4/22/1999 10:42:00 PM
From: LLCF  Read Replies (1) | Respond to of 555
 
<Any opinion on today SCIO calls action?>

No opinion... I'll look at the VOL "level" tomorrow. I have noticed that SCIO has consistently been active lately.

DAK



To: Miljenko Zuanic who wrote (134)4/23/1999 11:51:00 AM
From: LLCF  Read Replies (2) | Respond to of 555
 
Looking at the ICOS options here... historically 65V is "fair value", and the options are about 60 bid, 65 offered. I see a couple hundered Jan options trading today. All in all probably a good option to trade if you have an opinion, but spreads are nothing special, you may want to try to trade in between the bid and offer...

Certainly NOT takeover rumor like premiums.

DAK



To: Miljenko Zuanic who wrote (134)4/23/1999 3:33:00 PM
From: LLCF  Read Replies (1) | Respond to of 555
 
300 ICOS July 35 puts traded today... 100@ 2 11/16 and 200@ 2 1/2 right behind it. Paper hit the bids best I can tell.

DAK



To: Miljenko Zuanic who wrote (134)5/5/1999 1:32:00 PM
From: LLCF  Read Replies (1) | Respond to of 555
 
Sorry it's taken so long to get back since the SCIO debacle... but you'll see from my previous comment that the vol was very high in SCIO. Well as it turns out it was exactly the type of situation that this thread was meant to ferret out. MM's were short all those calls and those that new this was a huge announcement owned them.

dAK