Biotech Values

[zipjet]

MNTA - options - Rocky

Yesterdays revelation of a "minor deficiency letter" on tL has crushed the MNTA IV in the options - both puts and calls.

That status continues in the options today.

My read is that this is a sea change in volatility for MNTA to a sustained lower level, one more consistent with an investment than a speculative stock.

I would be interested in what the other options geeks think about that assertion.

ij