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Showing posts with label Ariad Pharmaceuticals. Show all posts
Showing posts with label Ariad Pharmaceuticals. Show all posts

Monday, March 22, 2010

Aria Pharma trade finished

There was a trade that ended on last Friday. There will be more detail on the trade but here are some bullet points:
  • Bought ARIA stock at $2.23 in November
  • Sold the January $2.50 call for revenue
  • Stock closed below $2.50 when January call expired
  • Sold the March $2.50 call for revenue
  • Stock closed above $2.50 on March expiration, thereby assigning shares
  • Received a total profit of 10% from trade