October 17, opened a new position on BIIB.
Let’s see where buyers and sellers place their trades.
Open Interest Chart
OTM puts @210 (potential support)
Options Volume Chart
High OTM puts volume @215. Other good point @205.
Options MaxPain Chart
Max Pain @230
Conclusion: October 17, sold 1 CSP strike [email protected], expiry October 25. Weekly return 0.35%. AROI 16%.