This is a trade I did enter after my initial post, I was bullish on ABT turning around, and hoping for falling interest rates which did occur. My strategy here was to purchase a LEAP before this breakout. I will hold this and sell covered-calls against it after earnings next week, if we get a large move I will make out heavily. I might decide to keep my LEAP and exercise it in 2026 due to the value I was able to snipe.
-My short term target is the dashed green
-Medium term 115$
-Next years target > 125$
-My short term target is the dashed green
-Medium term 115$
-Next years target > 125$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.