Biotech Values

[poorgradstudent]

>No kidding. Selling flood insurance is highly profitable until there’s a flood.<

Yes, but unlike a flood, the outcome of your calls getting exercised is not a total wipe-out loss.

Rather, it's a locked-in profit.

Not your best comparison imo.

I understand your reticence about potentially limiting profits as it applies to MNTA in this specific situation. But if people can lock in what they consider to be reasonable profits while sticking to their investing discipline, then it's a win.