Possible healthcare sentiment change, at least for the short term.
Long position into $165 area.
Good-luck. (Not trading advice, any decision you make is yours alone).
CI
Long position into $165 area.
Good-luck. (Not trading advice, any decision you make is yours alone).
CI
Comment:
I sold my near dated call-spread early in the sell off. Purchased a week further out call spreads on some closer strikes. Purchased them in chunks so have a nice average for a bounce. Closed strong today, should bode well for tomorrow. Healthcare will probably get a bid being a defensive play near-term.
Trade active:
I reaffirm my theory that the payers get a bid here. Especially with this executive order from Trump to protect Medicare's current structure and prevent Medicare for All.
www.cnbc.com/2019/10...edicare-for-all.html
www.cnbc.com/2019/10...edicare-for-all.html