The situation today is AGIO. The news today says that I should issue a put on it. It just announced stage 1 results to great fanfare. On the other hand according to the crowd, the stock is an absolute darling and it is possible that this stock could continue to climb due to pure hype and the mechanism of its action over the past six months.
So today I am going to be doing some pretty advanced stuff as I analyse this stock over the next 2 hours and watch its price action and we may be doing a limited straddle.
Stay tuned, should be about an hour before stock market close on how to deal with this stock and see if we can wring a few bucks from it during the next several days.
Come back at about 2:15 Chicago Central time,
Mark
Wednesday, November 19, 2014
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» AGIO: Specific call and put strategy coming up today after further analysis
AGIO: Specific call and put strategy coming up today after further analysis
9:46 AM
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