fuzzballl 7:13 am on Thursday, November 5, 2020
Tags: ShortPuts ( 4,763 )

BIIB

#ShortPuts – Selling at the 50ma and well outside the expected move…

Sold BIIB NOV 13 2020 275.0 Put @ 3.80

Option Iceman 8:38 am on Thursday, November 5, 2020

BIIB
For whatever reason my Nov 06 2020 220.00 Put is still trading @ $0.30 0.25b/0.40a
- winstonthink 9:13 am on Thursday, November 5, 2020
  
  I believe there is an FDA hearing tomorrow on the Alzheimer’s drug test results. Positive pre-comments boosted the stock, but I guess there is always the possibility of a dissenting view on the trial results and the stock tanks. May explain why those puts are holding premium.
  - fuzzballl 9:40 am on Thursday, November 5, 2020
    
    Thanks for the info. At least worse case I’ll get some stock. Not messing with the call side though!

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