Ortho Clinical Diagnostics' COVID-19 Antibody Test Gets FDA Emergency Use Approval


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • The FDA has granted Emergency Use Authorization (EUA) to Ortho Clinical Diagnostics' (NASDAQ:OCDX) VITROS Anti-SARS-CoV-2 IgG Quantitative Test.
  • The company says it the first quantitative COVID-19 IgG antibody test to receive a EUA nod.
  • Ortho's new quantitative COVID-19 IgG antibody test targets the S1 spike protein and is intended for use in identifying individuals with an adaptive immune response to SARS-CoV-2. 
  • The test offers 100% specificity and excellent sensitivity, the company said in the press release.
  • The new test is calibrated to the World Health Organization International Standard for anti-SARS-CoV-2 IgG antibodies. 
  • Price Action: OCDX shares closed at $21.32 on Friday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: BiotechNewsHealth CareFDAGeneralBriefs