AMGN Amgen to buy HZNP Horizon Therapeutics for about $27.8 billion.
This huge spend could trigger a selloff in AMGN Amgen stock after earnings.
It`s speculative, but looking at the AMGN Amgen options chain ahead of earnings , I would buy the $240 strike price Puts with
2023-2-17 expiration date for about
$2.75 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
This huge spend could trigger a selloff in AMGN Amgen stock after earnings.
It`s speculative, but looking at the AMGN Amgen options chain ahead of earnings , I would buy the $240 strike price Puts with
2023-2-17 expiration date for about
$2.75 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Trade fechado: objetivo atingido:
Price target reached! AMGN was trading at $236.37 intraday, i suppose those puts made a decent 2X at some point.
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TRADING COURSE bit.ly/tradex
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1%/DAY: bit.ly/3F56VTW
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