May 2, I am going to open a new position on Amgen.
According Morningstar , Amgen Fair Value is about $205. Company pays a good dividend too . This operation could be a fine chance for income seekers.
Open Interest Chart
OTM call @180 and 177.5 ; OTM put @170 and 165
Option Volume Chart
Good movement around 170. Here I am going to look for my entry point.
Conclusion: Sold 1 CSP, strike 170@0.82. Weekly return 0.48%. Aroi 22%