LABU

#ShortPuts – Drug prices back in the news today so taking profits on this one and looking to re-load in XBI. Premium not as good there but no drag to worry about either. Only 100 shares of LABU left so looking to get out of those in the next few weeks too.

Bought to Close LABU JUL 26 2019 45.0 Put @ .55 (sold for 2.20)

Not exactly sure how much this will impact the industry. We can hope for some selling! 🙂 🙂

https://www.reuters.com/article/us-usa-drugpricing-exclusive/exclusive-white-house-preparing-order-that-would-cut-drug-prices-for-medicare-sources-idUSKCN1UJ354