$Novo-Nordisk A/S(NVO)$ 1️⃣ Why am I making this trade now? Nvo share price has declined after the presentation earlier this week. Got early exercised before i could roll it down. Although demand has weaken for its products and continued pressure from its competitor Eli Lily, i am good to hold on to this for a while at this price point. Which is why i sold a put at this strike previously. No gamble, no future. 2️⃣ What's my plan from here? With the patents expiring in some countries, probably high short term volatility, i will continue to hold and probably add more if the price declines furthur, and to look upon their 2027 launch. Probably wait for clearer support levels before i add and lower down my average though.
$Novo-Nordisk A/S(NVO)$ $Novo-Nordisk A/S(NVO)$ $Novo-Nordisk A/S(NVO)$ 1️⃣ Why am I making this trade now? Nvo share price has declined after the presentation earlier this week. Got early exercised before i could roll it down. Although demand has weaken for its products and continued pressure from its competitor Eli Lily, i am good to hold on to this for a while at this price point. Which is why i sold a put at this strike previously. No gamble, no future. 2️⃣ What's my plan from here? With the patents expiring in some countries, probably high short term volatility, i will continue to hold and probably add more if the price declines furthur, and to