Has anyone done any recent technical analysis on MRK (and the
sector based on Trump and the whole market) that they would be
willing to share? I have MRK stock options that will expire
in 1 year at strike ~$40 (and others that expire in 2 years at
~$24) and am trying to time it as best as I can. I don't need
the $ right away but do not want to wait until MRK goes down and me
be forced to take a much lower price. I want to sell the
first lot (don't need to worry about the 2nd lot that expire in 2
years) between now and the end of the year - I was thinking about
selling 1/3 now, then the other 2/3 based on where things go.
Any suggestions are appreciated.
Here is a link to the MRK chart that BPT created on
stockcharts:
Merck (MRK) Help Requested
Posted by wbarclay on 6th of Feb 2017 at 03:06 pm
Has anyone done any recent technical analysis on MRK (and the sector based on Trump and the whole market) that they would be willing to share? I have MRK stock options that will expire in 1 year at strike ~$40 (and others that expire in 2 years at ~$24) and am trying to time it as best as I can. I don't need the $ right away but do not want to wait until MRK goes down and me be forced to take a much lower price. I want to sell the first lot (don't need to worry about the 2nd lot that expire in 2 years) between now and the end of the year - I was thinking about selling 1/3 now, then the other 2/3 based on where things go. Any suggestions are appreciated.
Here is a link to the MRK chart that BPT created on stockcharts:
BPT MRK Chart Link