A very busy and very good day today. after the downgrade by Goldman Sachs with SINA the stock fell out of bed.
I covered some of the short and I am holding about half through the weekend as I switched from covered short stock to using naked calls as a synthetic short.with the premium as high as it is and a three-day weekend I would rather have naked calls then stocks short. I had a few other trades today and although not as big as SINA it made for a good day.
I had an overnight with CSR that has a buyout offer for $6.50.
BIIB was a gap up Brenton
CY Laurel overbought on 10 minute chart
QPSA Laurel overbought on 10 minute chart, interactive brokers ran out of shares so I cut it off early
UTEK William signal
IGT after hours laurel overbought based on round number
PLCM after-hours lauryl overbought