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exwannabe

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Alias Born 09/06/2006

exwannabe

Re: None

Monday, 12/10/2007 4:24:02 PM

Monday, December 10, 2007 4:24:02 PM

Post# of 252484
Time value of puts as P3 top line data awaits.

I have sold quite a few GTOP Dec puts over the last month. Not because I think they will have good results on their upcomming trial data, but because I think the results can't come out that early (and if negative, they will wait till at least the holidays).

So here's the general question. Is it virtually certain that for small biotechs top line P3 data will be delayed for at least a few weeks if it is bad? Is this a playable effect?

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