While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Biotech...Ride the ride until it blows!
LGND,PTCT,ARIA,ARRY,RYLP
These are all in play, meaning momentum is picking up to the upside.
I just looked at the options and they too wide to play without doing risk reversals.
Best off owning the names with stops if you have an interest.
There are no deals in Biotech land in the Calls.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.