IBB closed down over $4

Well, this was a bad day and a good day all rolled into one. Sold my 12 OUTR Calls at a big lose over $3Gs. I brought 55 YELP Feb 20, 2015 $48.50 Calls. I did it right 5 then 10, than 20 more and then 20 more, didn't make a lot of money but a plus is better then a lose. Sold all 37 of my IBB Feb 20 015 $322.50 Call at $5.80, very happy to have the cash and again made just under $500. So for the week I lost $2378. Yea that OUTR was a big mistake. IBB closed at $315,59 and the range was $314.79 to $322.82. I think IBB is going down we'll see Monday. Good luck in this rigged casino.

Options the Bet: Great come back for IBB

Options the Bet: Great come back for IBB: Wednesday IBB had a low of 305.11 and closed at $312.55. Today it hit $320.49 and closed at $319.91. Was able to sell only 5 of my 42 IBB Fe...

Great come back for IBB

Wednesday IBB had a low of 305.11 and closed at $312.55. Today it hit $320.49 and closed at $319.91. Was able to sell only 5 of my 42 IBB Feb 20, 2015 Calls. With 37 Calls left I want $6.00 [avg. cost is $5.67] so I need around $321.50 to sell them. Was unable to buy any IBB Calls today. Looking to buy Friday below $315 and $312. Good luck in this rigged casino.

Options the Bet: GILD pulls down IBB

Options the Bet: GILD pulls down IBB: Gild add a great quarter IMO. Gilead posted strong fourth-quarter results with both earnings and revenues beating our expectations. We are n...

GILD pulls down IBB

Gild add a great quarter IMO. Gilead posted strong fourth-quarter results with both earnings and revenues beating our expectations. We are nevertheless concerned about additional pricing measures to reduce HCV spending in the form of rebates and discounts which could lead to a slowdown in Harvoni sales in 2015. The company’s 2015 revenue guidance came in below our expectations. The stock was down in early trading. We note that several companies including AbbVie Inc. (ABBV) have launched their HCV treatments in the market. So with that IBB went down to $305.11. I bought a few IBB Mar 20, 2015 Calls at $8.50 and sold at $9.30 made a little money. Missing buying more at the bottom. I still have 42 IBB Feb 20, 2015 Calls at $322.50. Hoping for a $8 move up soon. IBB closed at $312.55 with a range of $305.11 to $314.68. May buy some GILD Calls if it goes down to $95. If IBB goes down to $305 again will buy 10-20 Mar 20 $315 Calls. Good luck in this rigged casino.

Options the Bet: IBB down down down then up up to close at $317.79

Options the Bet: IBB down down down then up up to close at $317.79: I missed posting Monday, it was a good day for me bought at IBB's bottom and sold for some good money. Tuesday may timing was off and ma...

IBB down down down then up up to close at $317.79

I missed posting Monday, it was a good day for me, bought at IBB's bottom and sold for some good money. Tuesday my timing was off and made the mistake of not buying a few options, I bought 20 and then 20 more and IBB went down 5 more dollars, very dumb. I start with buying 2 to 5 options when I think it's at it's low, then if I'm wrong I buy 5 to 10 more, if it still goes down I buy 20 more. So today I bought a total of 40 IBB Feb 20, 2015 $322.50 Calls way to early, the share price went down 5 more dollars. But I did have some extra money and was able to buy and sell 10 IBB March 20, 2015 $320 Calls at $11 and sold at $11.50. So I have a total of 42 IBB Feb 20, 2015 $322.50 Calls I need the share price to move up to $319.60 + of - a few cent to sell at in $6.10, I'm avg in at $5.60. So GILD just reported a very good quarter and it's in IBB so today I hope for a $2 plus open. IBB closed at $317.79 the range was $310.13 to $322. Good luck in this rigged casino.