Tuesday Update: NVS

 

Trade signals that are generated concurrently with news-events are naturally suspect. But because they are suspect doesn't necessarily mean they won't work, as the rules for triggering are based upon price and trend. It's an "If the shoe fits..." kind of analysis. With that disclaimer in place we have a new sell signal today:

Sell Signal: NVS

Option: Jun $80 Put ($1.40)