Monday, January 26, 2015

Bet on RMTI

Went in on RMTI because of good news. With 30 May 15, $11 Calls, paid $1.44, will sell tomorrow at $1.60 [I hope] need a $11.10-11.20 market price and they should sell. Sold 10 Calls ARWR at 50 cents for a $512 loss [that hurt]. IBB is going higher, so my $360 Call for Jan 2016 are going up nicely. I try to do the trade in one day. Note the ARWR trade was more then 6 days. Remember this is a rigged casino, I like to buy and sell the same day. The IBB is my only long term hold I may buy more.

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