AbbVie 2: Cash Secured Puts

April 11. Opened my second position. ABBV it’s undervalued and at this price I am available to own it.

This is the Morningstar valuation :

Open Interest

OTM puts @77.5 and 75 (supports) . OTM calls (resistance). A good positive sign is ITM calls@80


Options Volume 


Lot of ITM calls@75 and 77.5 . I will try to put my position near my STD.
Max Pain @80


Conclusion: Sold 2 CSP , strike78.5@30 . Exp April 18. Weekly return 0.38 Aroi 19.9%

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