BIIB

#ShortPuts #CoveredCalls – Got lucky with a 290 put expiration on Friday since the stock never opened. In a different account I’ll be assigned at about 271 so covering that now on this little bounce. Will continue mixing in put sales as well. The actual announcement on the drug isn’t until March so might have decent premium until then.

Sold BIIB NOV 27 2020 260.0 Call @ 2.35

Also taking the morning scalp…

Bought to Close BIIB NOV 13 2020 225.0 Put @ 1.40 (sold this morning @ 5.60)