爱喝水的小猫猫
11-06 10:32

$AMD 20261204 360.0 PUT$ sharing a trade today. This is a sell put AMD strategy. 

The premium is about 1.3k if it doesn't go below strike price of $360 by 4 Dec. I believe There is a high probability of walking away with 1.3k, but even if it does not happen, I will get in AMD at $360 in Dec. I believe this is a good price to get in and will be rewarded one year down the road. Meanwhile the premium is still mine to receive.

After which I may sell a covered call to protect the position. this is a wheel strategy. 

Does anyone out there do the same too?

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment