Wednesday, August 24, 2016 2:52:39 PM
Bought 30 30's at .12/.06 and .07 sold 20 for .30 and .33 keeping the last 10 as a hedge (free hedge) to my long calls expiring next year.
I might add back more 30's if we POP back up EOD just because this stock has some violent swings and big money option traders will try to squeeze less losses by moving it so much.
I got lucky and doubted my trades this AM hence why I moved to 'flipping for freebies'
PS Edit I just looked at PGNX and they moved that one too...Cousin to our PPS it seems.
Also volume on VRX puts was HUGE while my calls vol is tiny.
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