No current position, but did have some puts when it tanked from $42 to $28 on PhaseII trial halt and I sold them at that time. I'm actually looking to get back in long, but was thinking we might see previous lows in the $22-$24 range. Probably missed that one, but a believer in the technology.
I only bought puts because I thought it was overvalued and felt the IBB was under pressure 2-3 weeks ago. Now the market if making new highs (though I'm not sold on a break out of the indexes that have transpired in the last week. Sitting and watching for the time being.
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