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semi_infinite

08/02/19 11:49 AM

#1790 RE: DewDiligence #1788

I would agree on the granular level. However, as a group, IMO the data is useful even if the timing is inaccurate. Eg. I got lucky in selling July credit spreads in ENTA (expired OTM) although option pricing had the direction right two weeks after expiration. Another recent example was FGEN, timing there was off by ~4 weeks but the stock did dive after MACE data release. That was a nice opp to add and many of us did either via rich put premiums or directly on data release. Looks like there will be an opp here upon OCA data release.