Buying VRTX call contracts.

Vertex Pharma (VRTX) is a profitable biotech company that develops smll molecule drugs for serious diseases.

Shares have traded sharply higher over the last few months, but the stock is still a relatively attractive value compared to expected profits.

A recent pullback gives us a chance to buy calls close to the key 50-day average support line.

Buying call contracts at this level gives us a chance to profit if VRTX moves back towards its recent highs. And buying in-the-money call contracts helps manage risk as these calls will retain some value even if shares pull back.

• Buy (to open) 5 VRTX March 18th $210 Calls
• Limit $30.00 or less
• The new position will represent roughly 10.8% of our Spec Model capital
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• 15:54 Executed
• Bot 5 VRTX Mar 18th $210 Calls @ $27.45