did anyone play healthcare stocks prior to the Supreme Court decision?

[cwerdna]

Did anyone buy strangles or straddles on healthcare stocks, hoping for an IV rise prior to the decision by the Supremes?

I took a look at http://www.optionistics.com/ on stocks like UNH, ESRX, WLP, AET, HUM and CI and it seems most of them already (except ESRX) have seen a spike in IV vs. historical volatility. So, I'm guessing it's probably too late to buy before the Supremes make their decision known.

Maybe someone could trade on the IV crush that might happen afterward, but I'm a bit too chicken to try that, in case those stocks make big moves.

edit: I found some other possible plays at http://www.zacks.com...in-the-balance and http://money.msn.com/top-stocks/post.aspx?post=fbad2fea-0d2f-4146-9239-d98f13f3e519.

[Rogers]

Interesting... Just looking at the UNH 60 weekly straddle selling for $4 with the stock at $59.30

There might be a play selling that with only 2 days left. Play at your own risk though...

[Rogers]

probably would have worked out.. straddle is around $2.60 now

[BillP]

Really surprised on the healthcare ruling, think it will hurt the economy more. Cant imagine companies hiring now al all, just my two cents, lol

[Rogers]

darn, straddle is $1.50 now