Option Investor

Option Writer Portfolio Additions

Printer friendly version

AMED - Amedisys, Inc. provides home health and hospice services in the United States. Its home health services include skilled nursing and home health aide services; physical, occupational, and speech therapy; and medically oriented social work to eligible individuals who require ongoing care. I am suggesting this as a defensive play.

Let's sell the 45 strike for October and use the recent low and strike price of $45 as the technical stop. If you prefer the new ratio stop (1.5x), then selling the put for $1.15 would set the stop loss price of $2.90. If the stock jumps to $54 then sell the $60 calls. I will try to remember to send an alert and trade profile. Have a nice day.

Option Writers Newsletter Archives