Low Risk Biotech Trade

How to Play Biotech’s (NasdaqGS: IBB)  TheOptionPlayer.com sets up a Biotech Index ETF (IBB) short-term (9-day) option strategy. Investors could simultaneously: Sell the August week-four expiration IBB $350 put for $1.75 (Wednesday’s closing quoted bid/ask mean) AND Buy the $345 put at $1.18 The difference between funds received and paid out is a $.57 per…

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