I opened $AMD 20240503 152.5 PUT$  ,AMD: sold cash secured put on AMD with strike price at $152.5 and expiring on 3rd May which is 25 days away. Premium collection during this period is 1.9%. Slightly higher premium for its volatility ahead of earning on 30th April. AMD had already corrected by almost 40% from its high on 8th Mar felt oversold for the short term. Looking for a quick reversal trade ahead of earnings. Strike price supported by 100 days MA line which stays around $160 mark.
AMD PUT
04-08 23:30
US20240503 152.5
SidePriceRealized P&L
Sell
Open
2.91+34.03%
Holding
Advanced Micro Devices
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  • NoraPoe
    ·04-09
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