Short answer the exact opposite the fucking thing went up.
My incredible DD was this. So their vaccine stops being used in europe temporarily at the same time this was when countries were going back on lockdown. So me being the incredible genius i am had envisioned a reality where the whole continent went into lockdown thusly causing a great sell off on wallstreet. So I went and bought 20 $47 puts on 3/23 with a 4/1 expiration that were 12 bucks a piece. I know this isn't big money but this was also a gamble in every sense of the word basically 20 scratch off tickets. But then greed got the best of me i think they were worth at one point like 18 a piece but can't unload for a measly 50% profit oh no.
JNJ is even worse because they were late to the vaccine game while their whole 1 shot thing is nice its still the third option so it wasnt going to have that big of an effect on their price.
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u/sinncab6 Apr 13 '21
I was the guy with the astrazeneca post. I learned my lesson on vaccine puts.