SAGE - ON WATCH for a Short - Fundamental play #COVID19
Updated
Watch this BioTech - Selling #COVID19 Hype, squeezing a small percent (19%) for shorts in the market. I am not looking to buy the hype train. Instead wait for a peak, then go Puts. (if VIX is normal by then, Buy the Puts, otherwise spread)
This play will materialize in two weeks - Otherwise Expires. Visit back.
This is a biotech - we wont have any cash flow. But they do not have cash either to cover this year expense.
WAIT, WAIT, WAIT and then Fire.
This play will materialize in two weeks - Otherwise Expires. Visit back.
This is a biotech - we wont have any cash flow. But they do not have cash either to cover this year expense.
WAIT, WAIT, WAIT and then Fire.
Comment
Setting up nicely. Wait for another spike up. Then load when the steam gets off. Still in play
Uday C Santhakumar
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