Call Options on GILD on 6/24/2024

Gilead Sciences, Inc. (GILD), a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Upward Trading ChannelThe company provides Biktarvy, Genvoya, Descovy, Odefsey, Truvada, Complera/ Eviplera, Stribild, Sunlencs, and Atripla products for the treatment of HIV/AIDS; Veklury, an injection for intravenous use, for the treatment of COVID-19; and Epclusa, Harvoni, Vemlidy, and Viread for the treatment of viral hepatitis.

It also offers Yescarta, Tecartus, and Trodelvy products for the treatment of oncology; Letairis, an oral formulation for the treatment of pulmonary arterial hypertension; and AmBisome, a liposomal formulation for the treatment of serious invasive fungal infections.

The company has collaboration agreements with Arcus Biosciences, Inc.; Merck Sharp & Dohme Corp.; Pionyr Immunotherapeutics Inc.; Tizona Therapeutics, Inc.; Galapagos NV; Janssen Sciences Ireland Unlimited Company; Japan Tobacco, Inc.; Dragonfly Therapeutics, Inc.; Arcellx, Inc.; Everest Medicines; Merck & Co, Inc.; Tentarix Biotherapeutics Inc.; and Assembly Biosciences, Inc. It also has research collaboration, option, and license agreement with Merus N.V. for the discovery of novel dual tumor-associated antigens (TAA) targeting trispecific antibodies.

The company was incorporated in 1987 and is headquartered in Foster City, California.

We will be trading July 12th Call Options.

Last Trade: $70.67

Trading Range: $62.07 - $87.87

 

Trade

  • Buy 1 July $75.00 Call at $0.44
  • For a net debit of $0.44

Profit/Loss Analysis

  • Breakeven at $75.44
  • Maximum profit is unbounded
  • Maximum loss is ($44.00) at strike of $75.00

Closing Summary

  • Sold 1 July $75.00 Call at $0.00

Position closed on 7/17/2024 at price of $0.00 with a -100.00% loss in 23 days.

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