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Closed Positions
The Good, The Bad and The Ugly

May 2014

BLUE @ $40.71

bluebird bio, Inc.

Sold Puts

05/19/2014 Sell To Open BLUE Jun14 $20 Put $1.50

expired 6/20/2014

7.5% return in 32 days

$10,000 would generate $750.00

 

*INSM @ $18.74

Insmed Incorporated

Classic Rowboat

History:

Cost basis $15.00 per share.

Premiums collected: $4.20 per share

Capital Gain: $2.50

Total: $6.70

 

44.66% Return in 3 months

 

06/20/2014 Sell INSM – Option Assignment $17.50

04/21/2014 Sell To Open INSM Jun14 17.5 Call $1.10

04/18/2014 Buy INSM – Option Assignment    $15.00

03/11/2014 Sell To Open INSM Apr14 15 Put $3.10

 

$10,000 would generate $4466.00

*unpublished trade
OHRP @ $9.75

Ohr Pharmaceutical, Inc.

Sold Puts

05/19/2014 Sell To Open OHRP Jun14 $5 Put $0.75

expired 6/20/2014

15% return in 32 days

$10,000 would generate $1500.00