Every Dog Has Its Day

After the past brutal week I can finally breathe a sigh of relief. Both my hedges and longs worked today. I am very excited about the prospects of my large cap biotech trade. I had a similar successful trade when the Pfizer/Wyeth and Merck/Schering Plough deals closed in late 2009. I will outline how that trade worked out in tomorrow's opener. Have a good night.

2 comments:

nicasurfer said...

what are the amgen calls you are trading

Tsachy Mishal said...

The March ones but it looks like I should have bought the April Calls. The deal is going to take slightly longer than I expected to close.