... for a .61 credit.
Comments: Adding a rung to beaten-down biotech at strikes better than what I currently have on in October at the 76, November at the 71, and December at the 63, targeting the <16 delta strike paying around 1% of the strike price in credit.
I'll be assigned shares on the 76 here shortly (and possibly the 71), after which I'll proceed to sell call against.
Comments: Adding a rung to beaten-down biotech at strikes better than what I currently have on in October at the 76, November at the 71, and December at the 63, targeting the <16 delta strike paying around 1% of the strike price in credit.
I'll be assigned shares on the 76 here shortly (and possibly the 71), after which I'll proceed to sell call against.
Operación cerrada: objetivo alcanzado:
Out for a .30 debit (50% max). .31 ($31) profit.