Monday, May 17, 2010

Trading this week

I shorted ABIO at $5.30 and $5.60 this morning, for an average SP of $5.45. I am hoping to cover under $4.80.

I added ARNA $4.00 July calls at .30 in my options account.

I am watching ALXA for a possible addition to my LT taxable trading account.

Monday moment:
I accidentally typed Sell instead of Buy into my Iphone earlier and sold some of my $VVUS shares at 11.63, not a happy camper. Still have a position, but am looking to buy back those shares on further possible market correction this week.

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