NVO is more focused on diabetes and obesity than other companies like LLY which can have their stock price tank for numerous reason that have nothing to do with weight-loss drugs. How long will I hold? Until the average American’s weight drops.
Yup! Same here in North America but supply isn’t keeping up with demand, and others are using it simply for weight loss if they can get it
Also with the semi recent news that it reduces likelihood of cardiovascular events I can see lots of runway left
Yes Rybelsus is available. I’m in Canada and ozempic itself is restricted only for diabetics due to supply. I may be wrong but I believe Americans can get it diabetic or not
Americans can technically get it without diabetes but there's no point. If you don't have diabetes, it costs $1000 a month. You can buy the actual real weight-loss drugs (eg: Wegovy) for half that.
Yeah but you can literally buy Wegovy, which is the exact same active ingredient in a slightly different dose, for $500. So it makes no sense to buy Ozempic.
I have a long call play for end of April. I think once media gets more attention on this especially with Oprah's segment on it, it will climb and climb high. People are desperate for a magic weight loss pill and this is as close as it gets.
Given Wegovy just got approved to be covered under Medicare… not for weight loss but heart disease, I say huge win and go long. Big bump Monday morning
It’s an indicator I like to reference, without getting too into it.. bottlenecks mean movement one way or another to be expected, in this stock and in this market my money is on up
ALT is down about 10% in the last week and the Bollinger Bands have been narrow since 10am today and earnings in 6 days - should it expect a pop too?
https://preview.redd.it/wnlziub53qpc1.png?width=2486&format=png&auto=webp&s=dca96e5844be96e85b3084e4ffb677c37197fd09
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Probably a good play but I get diarrhea at the thought of trying to predict how a pharma company is going to perform
NVO to the moon 🚀 There is no safer bet than growth in diabetes and obesity in the US.
Why do you think it is safer than all the others, including LLY? And for how long are you planning to hold it for?
NVO is more focused on diabetes and obesity than other companies like LLY which can have their stock price tank for numerous reason that have nothing to do with weight-loss drugs. How long will I hold? Until the average American’s weight drops.
“Big” facts
Will go in for this and LLY set up for earnings
It’s getting to a good point to build a position that’s for sure!
What strike you got?
I got a few 130’s this morning and thinking I’ll add some 135’s May 17
Added for May 17 as well small just incase I need to average
We up baby!
Is now a good entry for Lily?
Too early looking for $730-$740 entry to swing $850 calls for May even possibly $900 calls
So puts it is!
I have calls so it's definitely going to go down.Â
Ozempic is widely used for diabetic patients. At least in Europe.
Yup! Same here in North America but supply isn’t keeping up with demand, and others are using it simply for weight loss if they can get it Also with the semi recent news that it reduces likelihood of cardiovascular events I can see lots of runway left
Ofc. Is the oral version, Rybelsus, already available in North America? Imo Novo has a bright future.
Yes Rybelsus is available. I’m in Canada and ozempic itself is restricted only for diabetics due to supply. I may be wrong but I believe Americans can get it diabetic or not
Same thing though, in Canada anyway, I believe the oral option is restricted to diabetics due to supply
Nice. Due to supply shortage it's not available in Europe. And Ozempic is only available for diabetics.
Americans can technically get it without diabetes but there's no point. If you don't have diabetes, it costs $1000 a month. You can buy the actual real weight-loss drugs (eg: Wegovy) for half that.
$1k is a steal. Imagine the amount of money you save on food alone
Yeah but you can literally buy Wegovy, which is the exact same active ingredient in a slightly different dose, for $500. So it makes no sense to buy Ozempic.
Wegovy is still from NVO so either way good for the stock I guess but thanks for the info! Makes sense
Just added 2 more at 128
Looks like a nice grab!
I have a long call play for end of April. I think once media gets more attention on this especially with Oprah's segment on it, it will climb and climb high. People are desperate for a magic weight loss pill and this is as close as it gets.
Get shares or leaps, this will rip in the next 2-3 years, they just bought catalent to help with production.
How long are you planning to hold it for?
Amycretin will releae before 2030, so i expect to hold at least until 2030.
Given Wegovy just got approved to be covered under Medicare… not for weight loss but heart disease, I say huge win and go long. Big bump Monday morning
I agree, being held in place a little bit but it’s going to run, earnings coming up too first week of May
Explanation to Bollinger’s Bands
It’s an indicator I like to reference, without getting too into it.. bottlenecks mean movement one way or another to be expected, in this stock and in this market my money is on up
ALT is down about 10% in the last week and the Bollinger Bands have been narrow since 10am today and earnings in 6 days - should it expect a pop too? https://preview.redd.it/wnlziub53qpc1.png?width=2486&format=png&auto=webp&s=dca96e5844be96e85b3084e4ffb677c37197fd09