Essentially confirmed HNS on PFE weekly chart. I expect a collapse in the price following a general stock market drawdown (recent spx death cross, yield curve inversion, fed turning off QE in the near future).
My position is Dec 16 puts, target price is 35-32. The thin blue line is the break even line for the contract (assuming IV stays the same).
My position is Dec 16 puts, target price is 35-32. The thin blue line is the break even line for the contract (assuming IV stays the same).