Ariad Pharmaceuticals Inc fka ARIA

[rockygodfather]

Painful day! Flex, can you give a novice investor an example of how to add options / recommend advice how many to a small 1000 share position in this Ariad stock with average around $5.60 ? I started into this stock off a recommendation of a friend, he timed it perfect and got out when it went to $20, I missed it by just being to slow......bought more shares when it went to around $3 for a while and just been a long holding bagger since - almost was going to sell when it went briefly to $10 on the failed Baxalta buyout offer, but was too slow again!....
Have never done an "option" before.