The CLDX short started off a disaster but ended up ok (making a slight profit). I have already detailed my error. But fortunately I was able to increase my position to average down ($4.30's av). My exit was the best part of the trade. I sold on the Thursday into the morning strength (av $4.55), I sold the small call position in the morning too (slight loss). The stock had been so volatile I did not trust holding it into the following week (data was the Wednesday), and the markets were trading horribly. There was a theory that funds would need to buy on Monday and Tuesday before data on the Wednesday because it would be included in a new biotech index on the Monday. This theory sounded a little simplistic given the stock had already run on the news of the index inclusion earlier in the week.
Open Trades Short
CMEDY, RPRX, RPRX (June $7.5 put), RPRX (June $10 put), VRML, YIPI, GNOM Open Trades Long UNIS