Sandyboy
2022-11-16

I noticed that Merck MRK has hit 100.74 today. However I feel that the price will come down within one month As I feel this is not sustainable.

So I take a sell call on Merck at a higher price say 106 for a month away. As I have taken the call when Merck was 100.74 I feel I have enough safety margin. Whenever the stockprice falls below this price Of 100.74 the premium will drop and I will then close my position. 

This is the beauty of options. Ofcourse you have to be ready to see some red along the way, but as a seller I know that time is on my side!

šŸ’° Stocks to watch today?(22 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
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