May. 15 at 9:03 PM
$IVVD Trying to figure out how to play this as we get closer to data readout. Calls are just not worth it down at this level. (Might as well just buy the stock.) Selling Puts (I think) are a good choice, sell the
$1 for the $.30 premium, worse case they get put to you with a cost of $.70, but that only works if you're already sitting on the stock already or you'll miss all the upside.
Near term calls if you exercise them could be a winner but only if you get a run. The challenge is the stock is controlled by big money so, I think the best bet is to just buy and hold down here. Worse case they drag it under
$1 so keep some extra cash if they do. I don't see this missing data points but with the current admin. nothing is for sure.
GLA
