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%