Friday, March 20, 2015

BIIB to the MOON

BIIB had good results from it's Alzheimer's drug and will go from phase 1 right to phase 3 and could be on the market by 2018. BIIB was up 30+ points. I went in to early buying BIIB Calls. Bought 10 BIIB Mar 27 $470 Calls at $9.90 and sold at $10.90. This was a good buy at the bottom 5 BIIB Mar 27 $470 Calls at $6.90 and sold at $11.70. Well I made so much money I took some loses, sold 10 PCRX Apr 17 $100 Calls at $5.20 and sold at $3.80. Ten BIIB Apr 2 $500 Call bought at $4.60 and sold at $3.00. Made a small gain on PCRX Apr 17 $100 Call bought 15 at $3.60 and sold at $3.80. Here's what I have left, 30 PCRX Apr 17 $100 Call in at $6 and the last trade was $3.80 need a $104 market price, will sell 10 to 20 more next week. 30 BIIB Apr 2 $500 Calls in at $3.67, the last trade was $2.78 need only $3 more, should get it Monday. 10 PCRX Apr 17 $100 Calls in at $4.00 and the last trade was $3.80, should be out of it Monday. For fun I bought 2 BIIB Jan 15, 2016 $500 Calls at $46.00 and the last trade was $46.20, will hold, held BIIB hits $500. IBB closed at $366.52 with a range of $363.63 to $374.91. A great week made my goal. Good luck in this rigged casino.

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