Credit spreads are a versatile and forgiving strategy and here are two recent “bullish” trades I closed for 20%+ gains during the recent May “sell-off.”
Both trades were bullish credit spreads.
Both stocks went down in price during the life
My Option Trade Scan came-up with another “oversized” move in a stock as biotech giant, Biogen Inc. [stock_market_widget type=”inline” symbol=”BIIB” template=”basic” color=”default”] after successful results from their latest Alzheimer drug trial.
Biogen’s got all the right numbers…skyrocketing implied volatility…challenging …