While I wait for GNBT, including the 52K+ shares I bought last week at $0.615 or higher, I am trading in other positions. I currently trading SDC, FEYE, ETSY, ZNGA options. I sold my 160 contracts 6/19 SDC $8 calls today on the initial move for $0.95, I bought for $0.712 average, so $3800 profit. I still have the $9 SDC calls.
Use the volatility in the market. Don’t be afraid to take profits, or losses, while we wait for the big hit on GNBT.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.