Sold AMGN Puts

I sold AMGN January 55 Puts. I was planning on buying stock but I believe its too early in the decline to do that. This somewhat reduces the size of my net short position. This is more a function of my bullishness on AMGN than my bullishness on the market.

3 comments:

nicasurfer said...

Super heavy put buying today huh

Tsachy Mishal said...

CBOE is showing a lot of action in puts but ISE is showing heavy call buying. Mixed.

Tsachy Mishal said...

I prefer when both are saying the same thing.