"An area within healthcare to pay attention to is the smaller-cap biotech companies, as the pace of M&A activity in this area has picked up noticeably since May of this year. Axsome Therapeutics (AXSM) is a small-cap biotech company with a market cap of approximately $2 Billion that is developing novel therapies for central nervous system (CNS) disorders for which there are limited treatment options," says Kevin Mahn. Tom White discusses an example covered call option trade with a neutral to bullish direction on Merck (MRK) and an example call condor option trade with a bullish direction on Eli Lilly (LLY).
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