First let me start by saying next time I post a biotech play and some joker says bad sushi i am going to slap you through the internet, be original and just because you don't see the trade doesn't mean it is bad sushi. It means you have not adapted and are still waiting to chase an alert from Tim. I don't trade the same style as Sykes and the play on $NVAX for those with short term memory I trade my own alerts on my scanner http://profit.ly/user/osirustwits/blog/huge-scanner-calls-nvax-long-sorl-short--fundy-short-on-mgt-the-scanner-is-on-fire 

I also said that since I make better safer returns from swings I would be doing more swings going forward so less trades with better risk reward and profit per trade. So my calls come from fundamentals with a technical catalyst or from my scanner seen here. https://twitter.com/Osirustwits/status/777221545747881984

 

$ARRY was to give results by Sept 30th I bought the Oct 21 calls and puts to straddle the price. Goal was if it moved at least $1.25 either direction I would make money. No one knew if they would pass or not but the trade was going to make me money either way as a starter to use to risk for a no loss on the name trade. 

The break down

Sold the puts for $0.05 (mkt sell since they were worthless any profit was better than 0)

Sold the calls for $0.90 (hindsight should have held for $1.50plus new trade plan don't judge)

Sold my shares $5.16 avg

total for the trade in profit was about $1000 had I held longer $1600 but this is can be scaled from a small account to a big account play and I will be trying this in my larger account going forward.

 

As I warned the world once it was a met end point. https://twitter.com/Osirustwits/status/780387337343729664