Jun. 3 at 6:12 AM
$GILD $GILD bullish 1–5 yr risk-managed setup. Ref price ~
$127.57. Not chasing shares here.
Structure:
1 cheap upside spread + lower share ladder.
Option kicker:
Jun 2027
$150/
$170 call spread @
$2.95 debit
Max risk:
$295
Max value:
$2,000
Max profit:
$1,705
Breakeven:
$152.95
Share ladder:
8 @
$122.25
10 @
$119.25
10 @
$116.25
5 @
$111.25 only if thesis intact
Avg cost if full fill: ~
$117.86
Total deployed: ~
$4,184
Cash reserve: ~
$816
Risk/reward from full fill:
Risk to
$105 failure zone: ~-
$719
Reward to
$157: ~
$1,697 = 2.36:1 R/R
Reward to
$165: ~
$2,761 = 3.84:1 R/R
Reward to
$170+: ~
$3,426 = 4.76:1 R/R
1-yr probability model:
15% bear
$108 = -
$620
20% chop
$124 = -
$92
30% base
$140 = +
$436
20% rebound
$147 = +
$667
10% retest
$157 = +
$1,697
5% breakout
$165 = +
$2,761
1-yr EV: ~
$461 pre-divs, ~
$569 incl. estimated divs if all shares fill.
Big support at
$110.
