Biotechnology ETF (IBB) Trade Revision

Trade Summary The June 7th www.theoptionplayer.com confirmed a Biotechnology ETF (NasdaqGM: IBB) Call Credit Spread – https://www.theoptionplayer.com/biotechnology-etf-ibb-trade-entry-confirmation-3/ The chart below supports the contention the biotech sector is attempting to breakout to end a two year downtrend. As reported in an article by Alan Farley, fresh capital has been pouring into biotechnology stocks the past few…

Low Risk Profit Opportunity from Incyte Corp. (INCY) Recovery Bounce

TheOptionPlayer.com sets up an Incyte Corp. (NasdaqGM: INCY) short-term (31-day) option strategy (Based on Tuesday’s closing quoted bid/ask mean) The difference between funds paid out and received is a $2.40 per share debit maximum risk for this trade. The maximum profit is approximately $7.61 per share (approx. 300%) if Incyte Corp. shares move higher prior…

Exit Allergan plc (AGN) Trade with 180% Profit

TheOptionPlayer.com executed the Allergan plc (AGN) exit option strategy. Confirmation information is displayed below. Login as a Premium Subscriber to view images/data You can see in the chart below the stock is near the price target and the trade closed with an approx.180% profit https://www.theoptionplayer.com/allergan-plc-agn-trade-150-profit-in-23-days/ The information presented here is for educational and informational purposes…