Amgen 6 : Cash Secured Puts

July 11, opened a new position on AMGN.

Open Interest Chart

OTM puts @175 and 170 (weak support point. OTM calls @190 (strong resistance point) .

Options Volume Chart

Strong movement around ITM [email protected] 180 and OTM [email protected] Expiry Jul 19 won’t be a easy week. As usual I stay under 1 STD.

Conclusion: sold 1CSP, strike [email protected] , expiry July 19. Weekly return 0.39%, AROI 17,9%