Re: Drug pricing —- Medicare negotiations in healthcare bill
Great to see stock currently at 75+ after health care bill involving Medicare to negotiate drug price.
Monthly options expiring next week shows over 18K calls OI and puts over 10K. Big boys will do everything in their power to hold PPS around 75. Will be an interesting next Friday, August 19.
I was too bullish and TA showed a month ago, a close well above 80. So, I closed July 80 covered calls and rolled over to August 82.5 strike.