BPMX got FDA waiver for cancer testing on their new topical acne drug.
That's because I just closed out my long calls. I am almost always short in my positions to collect the premium, so I closed for a small gain since it was not in my normal risk profile. Naturally it goes up $.10 within 15-30 minutes of closing my position, and now another $.04.oldarmy1 said:
FLEX creeping to new highs. Slowest moving trend higher ever!
so this is was my first play into buying calls. I only bought because we were getting relatively cheap ATM calls out 2 weeks. The +$0.25 move means the $0.44 I paid already have $0.25 of intrinsic value.oldarmy1 said:
FLEX $15.20
Finally getting some momentum behind it.
oldarmy1 said:
FLEX creeping to new highs. Slowest moving trend higher ever!
IWM looks great. I'd go Jul 27 $170 options
IrishTxAggie said:
AVEO loves playing with my emotions. Up over 13% today.
Seor Chang said:
Bought AVEO at $1.89 yesterday. I'm glad I follow this board, otherwise I never would have known about it.
oldarmy1 said:Seor Chang said:
Bought AVEO at $1.89 yesterday. I'm glad I follow this board, otherwise I never would have known about it.
Buy under $2 and sale over $2.75. At least trading shares. Small traders might consider a 10 cent $2 Put out to August 17. Im the above scenario he bought at $1.89 so he can be net zero risk out to August 17th at a net $1.99 per share holding price.
Today the stock is getting squeezed but after today it could do anything short term.
Seor Chang said:
Just so I understand, you are talking about selling an AVEO $2 put? I'm a newbie with options.
I would sell the put, and if it ends up getting executed, after the premium, I would essentially be buying AVEO at $1.90.
I can never figure out above expected earnings and why it does/doesn't make a stock take offoldarmy1 said:
MSFT beats and has killer growth across gaming, cloud and other areas. Stock basically flat after initially dropping to $102.50 then bounced to $105.50. Now 104.75 flatlining. Zero action. Strange.
memory too as cloud growth needs various forms of RAM.tailgatetimer10 said:
This spells good news for AMD. Their improved profits are dependent on server business
oldarmy1 said:
Moving now. $105.93
Futures are green but there were rumors floating of another round of Tariffs being announced. If you wake up to red you'll know those happened.aggiehunter3 said:
Hope MSFT holds...picked up 106 calls right before close.
Ranger222 said:
Futures taking a tumble thanks to China fixing their currency against the dollar.....Trump wanted a trade war and now its here.....Xi trying to make him blink
If the markets start to tumble here on this, Trump gonna be put in a corner. Maybe why he was speaking up against the Fed hiking rates just today