Power Plays Update: XBI
November 14, 2024
By Scott Redler
Power Plays name XBI sagged into the loss column I wanted to provide a quick update.
Clearly, this is a frustrating name.
The initial game plan was to give it to the $94 to $99 area.
But I'm going to move that danger zone down to $92 to $97.
There is still a good chance it can rally into the big ASH conference in December, and in fact, I just picked up some December 13 $103 calls.
So we'll give it a little more room.
-Scott
Scott Redler Positions Disclosure as of 2024-11-14 at 10.13.31 AM