Bausch Health Companies Inc (BHC)

[Zilla]

I'm thinking POP then a drop like many other biotechs have done recently like TEVA. Unless they raise guidance higher than what they lowered it from, but I doubt they do that. I sold my 18 calls that expire next week and was going to hold them to sell on any pop/drop situation but made a good % in a few days to risk it going down and becoming worthless. My other calls are green enough that if they go red I'll be more than happy to add to my collection. The question for me is to buy puts or not.