Loading ...Second Opportunity
Back on April 14th I posted about MRNA and on the following day initiated a small position in MRNA Jul 160 puts. I said you wanted to add additional 3 month puts on subsequent rallies. MRNA releases earnings this morning. The stock has broken down but if they can squeeze the shorts and get the stock up into the 170’s again I will be adding additional puts. If not and if the stock continues to drop, my original position will be even more profitable and I will wait for future rallies to add additional puts. 
Since the stock is in freefall I am looking to take profits on my put position if the stock gets near the 140 gap. I will be waiting for a future bounce to re-initiate puts.
If the EU and USA relinquish intellectual property rights to socialists, these pharma stocks will crater, IMO.
Even another reason.(see my post above)