Some news was released about grants to employees which saw NTLA jump on good volume. This has been a fairly volatile trade so I closed it out on the news this morning. Since they were puts it is not the same scenario as my long call setup on RKLB. If I held them I still had a max profit. I took a 50% return on these. Sell the news, buy the rumor sometimes works. The JP Morgan conference is Friday which could prop NTLA up. We had 12.50 Puts so we did well.
No comments:
Post a Comment