Shorting AVXL Ahead of EMA Decision

2 months ago

Martin Shkreli

"Up early for the European Union's uh European medical agency's comp committee's decisions for the month. In other words, AVXL watch. What's this? New York City. Ah, Dwave dropping quite a lot. I have a huge short position. Also, Regetti. Regetti is incredibly weak. Ion Q as well. I have AVXL puts. So, I'm short AVXL options are not open. Obviously, options markets don't open till 9:30."

The speaker outlines a trade call by taking a short position in AVXL via put options, driven by the upcoming EMA committee decision. The rationale centers on market weakness and the timing of the EMA announcement, suggesting bearish sentiment towards AVXL in the near term.

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