Biotech Values

[Rocky3]

Interesting thanks.

I had concentrated on March calls - 20 and 25 - due to my ratio spread. March 20 calls had incredible move, and quite different than March 21 calls. That seems very strange to me. Someone was trading the 20s in volume, but gave me the opportunity to cash in somewhat. As many have mentioned, the spreads are incredible, especially in the 25s and the out amounts. It will be interesting to see what happens tomorrow.

I sold some Feb. 14 puts and will sell more tomorrow if pricing stays strong. Probably too much capital committed to the stock already, but the return is back near the high point.