NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on AMGN based on price action below.
8/30: AMGN – Consider shorting Sep (9/7) $197.5/192.5 bull put credit spread (8 DTE) for $.50/share or better (current mid-point is $.55/share). Stop Loss $197.50. FYI biotechs higher risk as always.
