NaughtyPines

Opening (IRA): XBI December 15th 63 Short Put

Long
NaughtyPines Updated   
BATS:XBI   SPDR Series Trust SPDR S&P Biotech ETF
... for a .70 credit.

Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Basically, just building a position here on this weakness.
Trade closed: target reached:
Hit 50% max today, closing for a .35 debit. .35 ($35) profit. Still have the January 19th 70 short put on ... .
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