Amgen, Inc., a biotech medicines company, has a trend of rising from the end of June to the end of July. During trading on Thursday, I purchased 2 Aug 105 calls at $2.35. My loss limit is $2.00 and exit point is $3.35.
Here’s a look at my potential profit:
# Shares or Contracts | Purch Price | Capital Out | Sell Price | Capital In | Comm & Fees | Gain / Loss |
% Gain & Loss |
2 | 2.35 | 470.00 | 3.35 | 670.00 | 10.00 | 190.00 | 40.4% |
My charts for this trade:
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