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Health-care calls cheap - Barclays

Published 04/17/2018, 12:28 PM
© Reuters.  Health-care calls cheap - Barclays
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  • Three-month implied volatility on the Health Care Select Sector SPDR (NYSEARCA:XLV) is low compared to that on the S&P 500, says Barclays (LON:BARC)' Maneesh Deshpande. This, even as the political rhetoric on drug prices has died down, and the rush of cash repatriation provides "firepower for transformational M&A."
  • His suggestion: Buy the September $83 calls.
  • Source: Bloomberg
  • Now read: Valuation Dashboard: Healthcare - Update


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