5/14/2022 Plan:
This week we take a look at Hologic (Ticker: HOLX)
5/14/2022 Plan (continued):
- HOLX – Sell the Jun 17 70/65 put spread for 0.52
- Prices are as of market close 5/13/2022, actual fill and strikes may differ depending on Monday’s open, post will be updated accordingly.
- All trades are for educational purposes and do not constitute advice
5/14/2022 Commentary:
HOLX makes a wide variety of medical devices, with a focus on women’s health. This trade assumes we maintain the 70 level for the next 5 weeks. As we’re in a downturn, for many traders I recommend passing on this as I have over the last few weeks for put spreads unless it is part of a balanced portfolio and/or you have some hedges in place.
Feel free to Reach out with questions on this or anything else!
5/16/2022 Entry:
HOLX moved up and the put spread isn’t currently available. I have a resting order on the 70/65 for 0.45 to try and fill in small size.
