Sell (20) NOV 48.0 strike Puts @ 0.39 = $(780)
Sell (20) NOV 49.0 strike Puts @ 0.63 = $(1,260)
Buy 20 NOV 50.0 strike Puts @ 1.00 = $2,000
Sell (10) NOV 52.5 strike Calls @ 0.44 = $(440)
Initial Trade P&L = $0
The animal health industry looks poised for growth, analysts say, and Idexx Laboratories IDXX stands to benefit.
Bad enough Tyson faces a class-action lawsuit over poultry pricing. It's also been downgraded by an equity research firm you've never heard of but big hedge funds sure have.