Short Squeeze in Aruba Networks (ARUN)

Short Squeeze in Aruba Networks (ARUN)


  This Trade Was Closed February 29, 2012

I closed this trade on 2/27 @ $1.10 for a small profit

Original Trade Post:

Short squeeze kicked off this morning in ARUN. Positive news story in Barron’s over last weekend to support the move:

http://online.barrons.com/article/SB50001424052748704625304577227214247030538.html?mod=BOL_qtoverview_barlatest

Trade Details

  • The Ticker:     ARUN
  • Target Price: TBD per share
  • The Trade
  • Buy to Open Mar 2012 22 Calls at 1.00 or better
  • Trade Opened: February 23, 2012
  • Trade Closed: February 29, 2012

Chart courtesy Finviz. Click to open larger.

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