ViroPharma Inc Option Trade Blog
Chart courtesy of StockCharts.com
ViroPharma Inc Option Trade Blog
Title: Trade: ViroPharma Inc
Stock: ViroPharma
Symbol: VPHM
Option Symbol: DUXPD
Reason for Initiation: Strong uptrending though rather flat lately, up by about 5-600%in 1 year. Above 28 Days Moving Average. Fractal Buy.
Action: Sold Put
Details: Put: Strike @20, expiration Apr, Sold to open on 1st Mar 06. Bought to close on 8 Mar 06.
Result: -ve
Reason for Closing: Cutloss - level went to as low as 17.75.
Comment: Wrong trade, though above 28 days Moving Averaging, it was not a fractal buy. Also, DJIA was weakening since 27 Feb 06. Commitment: To only sell put on fractal buy.
Please Read Disclaimer
| 
