glad i sold my CVS $70 call for '20 Nov' yesterday , it's already down this morning.
i'm holding a $75 call tho
edit: found the culprit
Stock Market Insights | Seeking Alpha
they just had a price target of $90 two weeks ago
Amazon.com: Pharmacy
i'm holding a $75 call tho
edit: found the culprit
Stock Market Insights | Seeking Alpha
CVS, Walgreens, and Rite Aid are all tumbling after Amazon's Pharmacy launch
Nov. 17, 2020 7:23 AM ETCVS Health Corporation (CVS)By: Stephen Alpher, SA News Editor4 Comments
- The move by Amazon may have been anticipated for a while, but - at least for now - it wasn't fully priced in to brick-and-mortar pharmacy players.
- CVS (NYSE:CVS) is down 6.4%, Walgreens (NASDAQ:WBA) 10%, and Rite Aid (NYSE:RAD) 9.8% premarket. There's also drug distribution names like Cardinal Health (NYSE:CAH), which is lower by 2.5%, McKesson (NYSE:MCK) down 2.3%, and AmerisourceBergen (NYSE:ABC) off 1.1%.
they just had a price target of $90 two weeks ago
Amazon.com: Pharmacy
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