Thursday, April 30, 2015

Options the Bet: Market sells off IBB down

Options the Bet: Market sells off IBB down: Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad....

Options the Bet: Market sells off IBB down

Options the Bet: Market sells off IBB down: Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad....

Market sells off IBB down

Bio tech went down with the rest of the market. CELG had it's earning and the market didn't like it, The earnings were not that bad. I bought three CELG Jun 19 $109 Calls at $5.00 and two May 8 $109 Calls at $2.35. I'm all in and I don't like it. Hope to sell some thing Friday. IBB closed at $333.66 with a range of $330.60 to $345.62. Good luck in this rigged casino.

Wednesday, April 29, 2015

Options the Bet: BIIB came back nicely

Options the Bet: BIIB came back nicely: BIIB was up almost 10 points to close at $383.78. I brought some CELG May 1st $113 Calls and sold for a small gain. Sold a bad trade with BI...

BIIB came back nicely

BIIB was up almost 10 points to close at $383.78. I brought some CELG May 1st $113 Calls and sold for a small gain. Sold a bad trade with BIIB lost a little and I brought 5 GERN Sept 16 $5 Calls for 55 cents, this is a long term hold. IBB closed at $383.78 with a range of $376 to $388.45. Good luck in this rigged casino.

Tuesday, April 28, 2015

Options the Bet: IBB down but not out

Options the Bet: IBB down but not out: I'm thinking the sell off is all most over in bio tech, maybe two mores. BIIB is going down fast and I think is a buy now, but like alwa...

IBB down but not out

I'm thinking the sell off is all most over in bio tech, maybe two mores. BIIB is going down fast and I think is a buy now, but like always it could go lower. I sold 2 IBB Jun 19 $355 Calls at $12.00 and was in at $10.95. My bet on BIIB is looking very bad, lucky it's only one Call. IBB closed at $344.50 with a ranged of $338.66 to $354.52. Good luck in this rigged casino.