Very informative article, but I have a "newbie" question about why you prefer May calls vs a later month. The Exelixis Oral Abstract Presentation at ASCO isn't until June 5th at 11:00 AM. Why would you not have to own June calls to take full advantage of the information revealed in that abstract? Are the contents of the abstracts released before May 18th, the expiration of the May calls? If so, do you know exactly when?
Exelixis: Uncovering Value [View article]
Very informative article, but I have a "newbie" question about why you prefer May calls vs a later month. The Exelixis Oral Abstract Presentation at ASCO isn't until June 5th at 11:00 AM. Why would you not have to own June calls to take full advantage of the information revealed in that abstract? Are the contents of the abstracts released before May 18th, the expiration of the May calls? If so, do you know exactly when?
Thanks for your helpful analysis.
MJV