Timing is certainly everything with biotechs. This is why I have a basket of biotechs and am willing to sit with "dead money" for months or even years, to get an excellent entry on a company with potentially great technology.

And yes, the time to buy options was when Bioman started pounding the table on them, not now. My suggestion stands, for Buccaneer to learn about options -- so that he is ready to put a toe in the water the next time there is an option play on a stock.