NVO: collected premium in full when this cash secured put expired worthless on 11th July. Below was my justification when setting up this trade.
Right now it seems to be forming a bear flag and unable the break up above the 100 days MA. Will monitor.
After the break up between NVO and HIMs, both companies suffered a drop in stock price. While the partnership had collapsed, the market for weigh loss drugs are still competitive, in high demand and lucrative.Guess it's picking some potential value while the company navigates its next move. Usually they might partner with another player in the market for the same functions as HIMs and business as usual. Time will tell.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.00 1Lot(s) | +100.00% Closed |
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- JustinCooper·2025-07-14It's a good call to monitor those market dynamics.LikeReport