I am beginning to suspect after Zacks yesterday report...listing all on going clinicals....my nose is pointing toward ASCO planed publications of bullish data as reason of betting with 2000 Calls... Strongly feel our stock has completed selling cycle and creep up from here on
I did not post earlier..thought I was miss reading......glade Jacosa you got same way....
Do you think help share price Tuesday ?
QUI; I just shorted ADXS Apr.$5 PUT....this stock I don't mind to hold in seed stock portfolio ..I will take $3500 or shares at $4.65 in Apr..20th
I think figured out...It's accumulation order MM is filling by controlling or periodically capping up trend by deflating with sell shares.
Today I sold more MO PUTs, tried short ACAD JUN $35 Puts but no deal hard to sell unless take what's on plate. Since I offer large contracts I want more... I like close to 60-70% annualized return on stock that I don't mind getting pushed...I have AAPL,GILD ,MO outside normal holdings, bought through naked PUTS...I did get pushed doing low points so came out highly profitable....I will continue to accumulate ACAD naked PUTs when I get my buying power backup...I have too many INCY PUTs out now... When I don't have new idea, short IBB PUTs not bad deal.
If this was accurate trade report, it's very bullish ...someone had to be in rush to buy AH...this really does not make any sense at all when one could of purchased 18 minutes earlier at $75+....very strange
I think it's normal pre ER weakness on top of biotech sector sell off.....all will comeback when profit taking is completed... BIOTECHS are still best consistent growth sector
Appears better match of seller & buyers..hope erratic shakeups are over going into ER...