Choon Soo Rim
@rimc
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Joined May 2009
Wrote 100 MNKD May 2.5 Puts for 25 cents - even if FDA delays Affrezza approval for a long time - stock should not go that lower than 2.25
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Wrote July Puts for WMT 50 and 47.5 - Technically looks like they are at a near term bottom - Hope this retracement does not become a crash
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FDA panel votes 14-1 to recommend approval of Savient gout drug. $SVNT worked out well - I am getting out B4 actual FDA decision B4 01-Aug
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Funny thing is I got assigned GMGMQ $1 calls in 2 E*Trade accounts, but not in Ameritrade.
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Lost 24 cents on the GMGMQ trade X 8000 - whacky manupulation - Now I understand when Cramer/Fast Money gets mad at the no shorting rules.
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GMGMQ - with the naked $1 calls that I wrote - was assigned when the worthless piece was $1.57, then this AM - was forced to cover at $1.37
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OK - I want people to take advantage of my bad timing - why is GMGMQ still going up - this is crazy - Sell the July $1 calls for 50 cents
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SVNT and DNDN on the YAHOO Community Bearish Sentiment List this morning - I sold some June 28 Calls (Naked) for 50 cents.
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Bought 1200 shares of SVNT @ $7.14 to cover 12 June 7.5 calls Went long SVNT 5 Puts at .90 - FDA Advisory Meeting 16-Jun-2009 - do or die.
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Today was a good day - USO down and GILD up - Paying off to be a little defensive
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Sell to open order for 100 CSCO Jul 17 Puts at a limit price of $0.22
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Wrote 60 GM June 2009 $1 Calls for 0.13 - Lets make some money off this bankruptcy
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Sell to open order for 12 SVNT Jun 7.5 Calls at a limit price of $1 was executed at $1.
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Sold to open order for 15 VNDA Jun 10 Puts at a limit price of $0.95 was executed at $0.95
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Looking to write the GILD June Puts at 40, 41, 42, and 43 and June Calls at 50
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