TEVA Moving Up?

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I've ben watching this for several days.

Most analyst are bullish except one thats bearish and has it listed as a short sale candidate. It was breaking down below the neckline but has reversed and trying to move back up towards the VPO.

Currently holding Calls with a strike of 17 and 19. Option activity this week appears to be expecting a large move in either direction targeting contracts with a delta under 0.40. If it continues up with good volume I'll add to the 19 strike. Nimble on this one rotating between calls and puts as needed.

Penafian

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