Replies to post #89518 on Biotech Values

[nsomniyak]

agreed. anybody who trade options should know they will expire on the third Friday of the month and settle on the following Saturday.

Unless they are positioning for more-frequent than monthly options expiration (i.e. weekly) the actual mm-dd-yyyy of expiry is not useful.

I would actually prefer
MNTA C 20.00 05/2010

[jbog]

Exwannabe Options

As of tonight everyones account should have the new symbols. The actual symbol is not what we were told because it looks like the old data was just modified.

New Momenta Feb 15 calls:

QMP 02/20/2010 15.00 C

QMP will be the constant