Trick of The Trade

Gilead has been going down for the past three days on heavy volume. The volume has dried up over the past hour. Usually when that happens it means the decline is over. I am not buying any shares but the stocks is at 42.88. Let's see if it works.

3 comments:

nicasurfer said...

Triple the open interest in $VIX call options for the $27.50 strike at february

Anonymous said...

What happened to your AMGN puts you wrote. Stock is tanking dawg

Tsachy Mishal said...

I remain short the puts and am happy to take delivery of the stock if need be.