Jon Lewis No Comments

Trading the “Amazon” effect with CVS

CVS Health [stock_market_widget type=”inline” symbol=”CVS” template=”basic” color=”default”] stock has rallied after getting hit by the “Amazon effect”… when Amazon announced it was buying PillPack and moving into the lucrative prescription drug marketplace.

With implied volatilities reasonably high and the stock …

Jon Lewis No Comments

Big move in BIIB creates trade opportunity

 

My Option Trade Scan came-up with another “oversized” move in a stock as biotech giant, Biogen Inc. [stock_market_widget type=”inline” symbol=”BIIB” template=”basic” color=”default”] after successful results from their latest Alzheimer drug trial.

Biogen’s got all the right numbers…skyrocketing implied volatility…challenging …