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Sarepta Therapeutics, Inc. Message Board

  • holywallst holywallst Nov 27, 2012 9:07 PM Flag

    I sold most of my PUTs today before close

    Bought PUTs when this was trading at $31 yesterday, sold about 90% of 'em before close today. hanging on to just a few PUTs just for kicks

    The bid/ask spread on the PUT options is eating up my profits. Does anyone know why the spread is getting larger and larger as days go by? Dec exp is still far out, so this is unusual.

    I wouldn't mind another pop to $31 so I can buy more PUTs at that level. I wouldn't mid a drop of a few more bucks so I can sell my remaining PUTs. What's it gonna be tomorrow?

    Sentiment: Strong Buy

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