Monday, September 11, 2023 11:54:19 AM
Update on $ABBV
So far so good.. $ABBV price up to ~$149 and the B/A $6.75//$6.90. The OI on the Calls to Puts is about 1.5/1 from an original 5/1 at purchase.
With the spread widening a little bit and the ratio of OI lowering, If I were to pull out now... It would be an approximate 38% profit.
Still gonna stay on the rollercoaster for now but ready to pull the zip line in necessary.
https://www.advfn.com/stock-market/NYSE/ABBV/options?expiry=20240119&strikes=10
So far so good.. $ABBV price up to ~$149 and the B/A $6.75//$6.90. The OI on the Calls to Puts is about 1.5/1 from an original 5/1 at purchase.
With the spread widening a little bit and the ratio of OI lowering, If I were to pull out now... It would be an approximate 38% profit.
Still gonna stay on the rollercoaster for now but ready to pull the zip line in necessary.
https://www.advfn.com/stock-market/NYSE/ABBV/options?expiry=20240119&strikes=10
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