Options Insight: How to Play Amgen

The video discusses the current state of market volatility, noting a decrease in overall volatility despite upcoming events like the election. It highlights the market's focus on individual stocks during earnings season, with a specific analysis of Amgen's stock performance and potential. The video also explores a short-term options strategy for Amgen, emphasizing the risk-reward balance and the potential for a significant price move.

What does the current drop in market volatility suggest about investor sentiment?

• High confidence in market stability

• Increased market excitement

• Complacency among investors

• Fear of upcoming events

Which sector's earnings reports are highlighted in the discussion?

• Technology

• Pharmaceutical

• Automotive

• Retail

What technical pattern is Amgen's stock said to have formed?

• Cup and Handle

• A solid base

• Double Top

• Head and Shoulders

Why is a one-day option strategy considered for Amgen?

• It allows for long-term investment

• It is the most expensive option

• It offers the biggest potential return for the cost

• It is the least risky option

What is the expected price movement for Amgen according to the market?

• 1-2 dollars

• 2-3 dollars

• 5-6 dollars

• 4-4.5 dollars