Replies to post #112069 on Biotech Values

[DewDiligence]

And long owners risk losing money by knowing less about Lovenox event timing (and final result) than they think they do.

Longs in the underlying shares do not have to be unduly concerned about event timing, which is a colossal advantage relative to options players in addition to the large advantage of being in a market with much greater liquidity (i.e. smaller bid-ask spreads).

[jbog]

I went in today on 100 june 16 calls for .78 and left at $1.45 five hours later.

There are many ways to play the game.

Good Luck