New Trade: AMGN

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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