Weekly options by stock · AMGN
Amgen (AMGN) Weekly Options
Last AMGN trade alerted Aug 24, 2020
Yes, Amgen (AMGN) has weekly options. They trade on US exchanges and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week’s options typically expire on the prior trading day. Below is our fully documented track record on AMGN, and how its weekly options work.
Amgen (AMGN) is listed on Nasdaq and based in Thousand Oaks, California.
Our documented AMGN track record
Every AMGN trade we have published, wins and losses alike. “Potential gain” is measured from a recorded entry price to a recorded exit price; individual results vary. We have published one AMGN trade, too few to quote a win rate from, so the trade is shown instead. Past performance does not guarantee future results.
Recent AMGN weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Aug 24, 2020 | AMGN Aug 28 2020 $250.00 CALLS | $0.55 | $3 | +445% |
Our AMGN weekly options trading history
We published a documented AMGN weekly options trade on Aug 24, 2020. Across 1 closed trade, 1 used a call option. Our best documented AMGN result was a potential gain of +445% on AMGN AUG 28 2020 250.000 CALL, published Aug 24, 2020. The most recent are shown above, and every one, wins and losses, is on our full track record. Past performance does not guarantee future results.
What our AMGN record shows
We have published one documented AMGN position, a call alerted in 2020, and it closed at +445%. One trade is a data point rather than a pattern, so it says nothing about how AMGN behaves in general. It is here because everything we publish stays published, winners and losers alike.
How weekly options work on AMGN
AMGN has weekly options listed, and a weekly contract gives a short, defined window to trade a specific event rather than paying for a month of time value. Whether it suits any particular trade is a question for the option chain on the day, not for one past position.
Our published AMGN ideas carry entry parameters, exit guidelines and a stop, and the reasoning behind the trade, so the logic is on the page rather than implied.
AMGN weekly options: common questions
Does Amgen (AMGN) have weekly options?
Yes. Amgen (AMGN) has weekly options listed on US exchanges. New contracts are added regularly and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
When do AMGN weekly options expire?
AMGN weekly options expire at the close of trading, 4:00 pm Eastern, every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
What is Weekly Options USA's track record on AMGN?
We have published one closed AMGN weekly options trade idea, listed below with the contract, the entry and the exit. That is too small a sample to quote a win rate from. Every trade we publish, on any stock, is on our public track record. Past performance does not guarantee future results.
What are the best weekly options to trade on AMGN?
There is no single best contract. The right choice depends on your position size, timeframe and risk tolerance.
Experienced traders start with liquidity, looking at the daily volume and open interest of the specific option contract, not the stock itself. A lightly traded strike can be difficult to exit at a fair price, even if the trade idea is right.
Next comes the bid-ask spread. A wide spread adds cost both when entering and exiting the position.
Then there is time to expiry. Time decay becomes increasingly important as a weekly option approaches expiration, particularly in the final days.
Finally, there needs to be a reason for the stock to move within that timeframe. Earnings, a product announcement or a significant technical level may provide a catalyst. Without one, the option can lose time value while the stock goes nowhere.
How do I trade weekly options on AMGN?
Weekly options on AMGN are traded through any US options brokerage, in the same account you would use for shares. Most brokers ask you to apply for options approval first. This is general information, not personal advice; you make your own decisions.
Other stocks we have documented trades on
The full list is on weekly options by stock.
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Weekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.