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Re: NVAX running again

By: smckay in ABGT | Recommend this post (0)
Mon, 18 May 20 5:50 PM | 101 view(s)
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Msg. 30397 of 30749
(This msg. is a reply to 30395 by smckay)

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I was watching this Friday's $61 call trade up to $5 and I was REALLY tempted to sell the covered call, but that's when I decided to sell half my shares at $58.50 instead.




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NVAX running again
By: smckay
in ABGT
Mon, 18 May 20 5:47 PM
Msg. 30395 of 30749

Up over 30% this morning, probably in sympathy with positive Phase 1 results from MRNA, and probably overall anticipation of positive news coming.

For GNMK, I sold $15 calls for $1 on a run up a couple weeks ago, and watched it expire worthless last Friday. For NVAX, I've been leery about selling calls so instead, I'm trying to trade around a core position. Last week, I sold half at $40 and the plan was to repurchase in low $30s. Well, it never came close to that kind of pull back, so I rebought at $41 early Friday. I just sold those shares at $58.50 and now hoping to rebuy them at $51.


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