Dear Reader, This news has been anxiously awaited by many. âQuest Diagnostics started selling a.. [afdaf3fd61bec5de782f6956499cf967c4d37d87][5ba6df09f6dbcb9ba8424d0bb0adfdd894b90fc3]
An Earnings Beat Sets Up a Trading Opportunity
[Options Profits Daily]
COVID Tests Could Deliver A Potential Gain of 216%
[This news]( has been anxiously awaited by many. âQuest Diagnostics started selling a covid-19 test online to make testing directly accessible to people who have coronavirus-like symptoms or were exposed to someone with the disease.
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This test has emergency-use authorization from the Food and Drug Administration.
People can purchase the coronavirus-test kits online and send them to Quest for assessment via FedEx or drop them at Walmart drive-through pharmacies, the Secaucus, N.J., diagnostic-testing-services company said.
Online orders will be reviewed by physicians in Quest's network.â
It is safe to assume that news like this could be the beginning of a new up trend in this stock. However, there are always reasons to consider risk, and we have a strategy that does just that.
As we explain in [this detailed trade,]( this strategy can benefit from the COVID news while also considering the potential risks of a reversal.
In the article, we explain in detail, one such options strategy. This strategy can limit the risk to a precise level in dollar terms. In this trade, the risk is limited to $120 based on recent market prices.
Although this trade focuses on minimizing risk, it can still deliver substantial gains to investors. This [educational article]( explains how to find the exact amount of risk in dollar terms and we also detail the potential gains of the trade which is about 194%, based on actual recent market data.
You can find all of the details of the strategy and the specific trade in our latest free educational article that is [available right here..](
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