My morning today was spent setting up the many Trade Ahead Of Earnings Strategy stocks for today and assisting investors with the AbbVie Stock (ABBV) collapse.
AbbVie Stock (ABBV) fell on news that the company planned to buy out Allergen for $63 billion of cash and stock. Allergan’s shares popped 26% while AbbVie shares fell 15%.
I have short put positions in AbbVie which some investors have as well and many emailed me this morning.
Here are the repairs I commenced this morning along with the outlook for the stock, my repairs and the plan going forward.
Quick Comments on AbbVie Stock (ABBV) Trades and Repairs – Jun 25 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
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