Biogen : Cash Secured Puts

June 28, opened a new position on Biogen (BIIB).

Open Interest Chart

OTM puts @227.5 (support); OTM calls @237.5 and 240 (resistances)

Options Volume Chart

Good premiums around 227.5 and 225 . I prefer the most conservative 225.

Options Max Pain Chart

Max Pain @235.

Sold 1 CSP , strike [email protected], expiry at July 5. Weekly return 0.34% , AROI 17,8%.

Available to own it , If assigned.