Biotech Values

[rkrw]

I certainly hope you're right. Hard to know though just when results should have been expected.

I think it's a serious risk (even if not apples to apples) and it didn't cost much to hedge with 45s. Puts went up well >100% today after I bt. Still hope they expire worthless. I also bt a few 65 calls as I think osi goes to >70 if isel fails. Calls were <1 per. Will be a fun one. So I currently hold a long straddle, but fully hedged on any drop <40 or so.