markkram
Short

ABBV $47.5 Jun 13 PUT

BATS:ABBV   ABBVIE INC.
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I am short here with a $47.5 Jun Put. It retested $45.40 2x and entered on the third retest. That first 15 min candle of the day was based on the news and I am sure that filled everyone's S/L prices. Maybe? It was a big one, well over a $1.00 in the first 15 min. I will play it out by moving my S/L price when it moves down. I am risking about .65 of EV off of the option @ a delta of .76.
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