AMGN Stock: A Look At A Bullish Risk Reversal Option Trade

AMGN Stock: A Look At A Bullish Risk Reversal Option Trade

Amgen (AMGN) stock has recently put in a series of higher highs and higher lows while the 21-day and 50-day moving averages have started to turn upward. Bullish traders wanting to take some upside exposure can do so via an options trade called a risk reversal. Risk reversals are bullish trades that involve selling an out-of-the-money put and using the...