I wish I owned some puts in JNJ but its perhaps too late now.
They had a nice pre earnings run up. Earnings is on the 13th pre market. It will possibly take a dump at market open + as of 45 minutes ago they suspended their covid-19 trial testing as a result of a participants unexplained illness.
Maybe too late for puts or to short now, as the market could gap down tomorrow. I am looking at new dips and opportunities to get in on calls. If it does start going down, be patient and wait for it to present the right buying opportunity.
They had a nice pre earnings run up. Earnings is on the 13th pre market. It will possibly take a dump at market open + as of 45 minutes ago they suspended their covid-19 trial testing as a result of a participants unexplained illness.
Maybe too late for puts or to short now, as the market could gap down tomorrow. I am looking at new dips and opportunities to get in on calls. If it does start going down, be patient and wait for it to present the right buying opportunity.
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