Am3n_Tao
09-24

$Novo-Nordisk A/S(NVO)$  

1️⃣ Why am I making this trade now?

Nvo share price has declined after the presentation earlier this week. Got early exercised before i could roll it down. Although demand has weaken for its products and continued pressure from its competitor Eli Lily, i am good to hold on to this for a while at this price point. Which is why i sold a put at this strike previously. No gamble, no future.

2️⃣ What's my plan from here?

With the patents expiring in some countries, probably high short term volatility, i will continue to hold and probably add more if the price declines furthur, and to look upon their 2027 launch. Probably wait for clearer support levels before i add and lower down my average though.

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Comments

  • FabianGracie
    09-25
    FabianGracie
    NVO at this level looks more like opportunity than trouble. Patent expiry and Lilly pressure feel mostly priced in, the valuation gap is doing a lot of work here
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