smilytmm's  Instablog

Send Message
  • AMRN And RNA - A Lesson In Losing Trade 0 comments
    Sep 21, 2013 12:14 PM | about stocks: AMRN, RNA

    I sold some put spread on RNA and AMRN thinking no news in Sept. and I will be able collect the premium on high IV.

    With these trades, I waited too long and was too greedy. With high IV, the market or someone knew that there was a news coming, especially RNA. I had a very nice profit till last day Sept. expiration. In hind sight, I should have sold when I made most of the premium that I would have collected.

    A learning experience.

    Disclosure: I am long RNA.

    Stocks: AMRN, RNA
Back To smilytmm's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • CHBT.PK, I can't think of any co. that has a net margin over 40%. Wow, this is great. The business is better than tobacco industry. fishy..
    Feb 9, 2011
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.