Upcoming Moves I plan to make this week (or next) if cash allows.
- Buy DRTX June 21 ($7.5) Call options for upcoming PDUFA on next Monday (or most believe perhaps Friday or before due to Memorial Day. May wait for a bear raid...or not.
- Watch, or perhaps buy options in ADMP when/if it falls or consolidates.
- Buy options in the BIS (inverse of IBB), FAZ, SDS, TZA, etc. All options designed to protect me in case of market meltdown (sell in May, etc.) and as a hedge against holdings. I didn't do this when I knew things were overbought, time to finally follow through now when account is setup.
- Flip trade ACST, ETRM, NAVB, VGZ (gold), GSS (gold) in the near future.
- Sell ELTP and IDRA. If market holds up, I believe both have a good chance of a good pop in the next week or two.
- Hold SYN. Perhaps average down.
----------------
As always, I may change my mind depending upon many factors. Just my plan at the moment.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.