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Re: DewDiligence post# 211201

Thursday, 05/11/2017 1:49:21 PM

Thursday, May 11, 2017 1:49:21 PM

Post# of 252300
Seems that BMY's IV dropped most on Roche news and further dropped this morning before MRK's news. IV's dropped >50% since 2 days ago for this week's options and dropped 1/3 for further expiries. Hindsight suggests tecentriq was the reason for nervousness re BMY.

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