In spending some time updated the trade idea this morning, I see that the VRTX short had hit it’s target on Friday for about a 13% gain. As this was the only target for this trade, it will now be moved to the completed trades category. This was another one of several of the individual biotech short trade ideas that has hit recently hit it’s target for substantial gains in very short order and I still think the sector and several of the trade ideas in it still look like attractive shorts, including the ETF’s IBB (short) and BIS (long).
