Pfizer has ER next week and 5/20 calls sweeping today
Technically it looks like we can get a run up to ER , as PFE is at trendline support and possible "fill out" of the triangle pattern
Any run up will capture some gains, will trim position and leave a few runners for ER.
Sweeps were 55.5 and 57 strike which are pretty far out the money, worth noting. Could just be a traders Lotto on $37K of premium (must be nice haha)
Cheers
Technically it looks like we can get a run up to ER , as PFE is at trendline support and possible "fill out" of the triangle pattern
Any run up will capture some gains, will trim position and leave a few runners for ER.
Sweeps were 55.5 and 57 strike which are pretty far out the money, worth noting. Could just be a traders Lotto on $37K of premium (must be nice haha)
Cheers
Komen:
Opened some bear call spreads as a hedge 52.5/55, seeing some bearish flow as well and don't like the fact their pill failed.
Komen:
Iron Condor full profit, still swinging calls giving the trade time to work (or fail : ) )