Amgen Stock Has High Implied Volatility. An Iron Condor Takes Advantage.

By Investor's Business Daily | Nov 19, 2024 at 04:00 PM EST

Amgen's high volatility presents an opportunity for iron condor setups. Selling Dec. 20 expiry puts and calls allows for a wide profit range. Risk is capped at $325 with profit potential of $175. Setting stop loss at premium received is advisable. Options trading carries risks.

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