Amgen Stock Has High Implied Volatility. An Iron Condor Takes Advantage.

By Investor's Business Daily   |   1 year ago
Amgen Stock Has High Implied Volatility. An Iron Condor Takes Advantage.

Amgen's high volatility presents an opportunity for iron condor setups. Selling Dec. 20 expiry puts and calls allows for a wide profit range. Risk is capped at $325 with profit potential of $175. Setting stop loss at premium received is advisable. Options trading carries risks.

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