Friday, July 16, 2021

Near burn and miraculous save

MRNA!!!

I had a small, rational opening trade on SQ for +26% on the front 2/3 and flat on the back.

Then MRNA. I got calls. Then it dropped out and I also took puts. Then I'm in that f* Friday situation that sometimes put myself in where I can get burned on the decay and lose in both directions. 

But I got saved by a literal miracle. MRNA launnnched and even though my puts lost really hard, my calls gained bazillion.

So, +6% on the day, and B"H up 26% on the week. 

No charts today. Shabbat shalom.

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