Teva Pharmaceutical Industries Ltd (TEVA)

[JLS]

I'm Long 200 Calls on TEVA.

Bought $18 June 21'19 strike @ $0.22 last week, so lots of time for those to move higher. I think TEVA does go to $17 after earnings on 05/02, and it could continue to $20 (a significant resistance level) during the weeks after that; during which my trade will be modified, the final modification being an SnRLH (Sell-n-Run Like Hell).

That other company (compared to TEVA in the news) that had a debt problem (from buying too many companies) was VRX, now called BHC.

I'm currently long BHC shares as Buy/Writes, May 3, $24 strike. At current time, planning on holding naked shares through earnings on 05/06 as I think shares go higher -- then I'll sell BHC Calls against my shares (I'm pretty sure).