Getting short

Hi all,

Do any of my readers (such as they are) have interest in articles on companies that I think are good shorts? I think it's an important strategy for any investor to successfully hedge, and I think there are some prime targets in the biotech space (as always) that might be nice for me to add to my model portfolio. Let me know in the comments...

Best!

JVS

This is not a trade analysis or recommendation.

ECYT November puts position update

The model portfolio ECYT November puts expired worthless, so I moved them over to the closed position tab, for a cool 100% gain in a month and a half. Typically, I wouldn't "bet" such an enormous position size (i.e. 10 times a normal option size), because if it goes south you're looking at easily 100% losses in a short time frame, but ECYT was trading just about as low as I thought it possibly could.

I am considering reentering ECYT puts if the price per share declines a little more...as is the premium for selling out of the money puts is a bit too low for the risk for my taste.

Good Investing!

JVS

This is a trade analysis, not a trade recommendation.