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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST
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To: Justinfo who wrote (1904)11/7/2013 10:06:18 AM
From: wolfgangrene  Read Replies (1) of 2274
 
I have. But I've just come to like the simplicity of how I trade options and I like day trading them, not waiting for time to run out. I sometimes trade expiration day options. 4 or 5 weeks ago I bought GLD calls at 2 in the afternoon of exp day based on a very tight 15 min pincher for .06. I sold at 200%, but by 3:30 they were .94.

I like picking a reversal and bounce. So I buy and sell based on expected big reversal movement.
I've been trading SPY all week, based on fib lines gaps open and channel boundries.

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