Options in Play – Breaking My Rules for Bios – T3 Live
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Options in Play – Breaking My Rules for Bios

Typically, I like to wait until the day before or the day of the catalyst to open straddles/strangles but we have broken that rule on a few recent Bio trades. Part of it has to do with the lack of a firm date for data releases, but it also has to do with the overall environment (which is important).