Call Options on GDRX on 2/28/2022

GoodRx Holdings, Inc. (GDRX) provides information and tools that enable consumers to compare prices and save on their prescription drug purchases in the United States. 

The company operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and access to negotiated prices through GoodRx codes that are used to save money on prescriptions across the United States.

It also offers other healthcare products and services, including telehealth services.

The company serves pharmacy benefit managers that manage formularies and prescription transactions, including establishing pricing between consumers and pharmacies. The Company report its quaterly results today after the close. The company is  expected to report fourth quarter revenue of $212.0 million to $222.0 million. Ahead of that, shares have formed a "double bottom" with 30-day moving average acting as a support. 

We wil be trading March 18th Call options

Last Trade: $26.29

Trading Range: $21.13 - $48.05

Trade Buy 1 March $25.00 Call at $2.50 For a net debit of $2.50 Profit/Loss Analysis Breakeven at $27.50 Maximum profit is unbounded Maximum loss is ($250.00) at strike of $25.00 Closing Summary Sold 1 March $25.00 Call at $0.15

Position closed on 3/3/2022 at price of $0.15 with a -94.00% loss in 3 days.

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