News that AbbeVie’s (ABBV) Humira drug was granted FDA orphan designation for treatment of non-infectious intermediate posterior pan-uveitis or chronic non-infectious anterior uveitis moved the stock up in yesterday’s trading.
Your May $52.50 options (ABBV140517C00052500) also jumped 46.34%. Sadly, this wasn’t enough for your options to be profitable.
So sell your May $52.50 call options at a loss today before they expire worthless tomorrow.
In addition, I am recommending that you close your position in Thermo Fisher Scientific (TMO) at a slight gain as that stock has lost momentum since peaking in early March.
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