I have taken no profits. On the contrary, I have become even more aggressively positioned. One of my fifteen bearish positions, my NVO March $115 puts, is presently at a 29% profit, but my hope is for that to get much bigger.
Here is the measured move, which is just below $90.
In case you don’t think a big pharmaceutical company can’t get nuked, take a look at my friend Moderna, which was the darling of 2021 and is now a pathetic shadow of its former self. Of course, all these drug makers are outright criminal organizations, so it’s nice to see them suffer for a change, instead of the general public that they hoodwink.
