SGEN – my 50/70 BCS filled yesterday. I am going to slowly scale into these, and I will post when I do this, but if you get a good price, by all means, do it. When I say slowly, usually 1-3 contracts. I will scale into about 10-20. Eventually, we will also sell puts against it so that we can help pay for the spread.
February 14th, 2014 at 11:46 am
SGEN – my 50/70 BCS filled yesterday. I am going to slowly scale into these, and I will post when I do this, but if you get a good price, by all means, do it. When I say slowly, usually 1-3 contracts. I will scale into about 10-20. Eventually, we will also sell puts against it so that we can help pay for the spread.