Vanda Pharmaceuticals, Inc. (VNDA)

[Nolerman]

I'm currently in March $11 puts and March $15 Calls (average .90ish on both sides)
Also added Feb $10 Puts and Feb $14 Calls slowly throughout the last two weeks.

I added puts on the runs and calls on the dips so my premiums are nice and low. I tend to be patient and methodical when adding, and always 1:1.

Either way, I don't expect an explosive run on VNDA (hence March options for slow run)...but I hope for it (hence Feb options).

CHTP on the other hand, I expect to lock in large profits very quickly in either direction (assuming no delay) as she has proved a beast with news.

Good luck all.