Personally, here, I would rather short AMD $Advanced Micro Devices(AMD)$ and sell downside puts to collect income. We are on backside of move IMHO. Sure selling calls can help limit loss, but direction of trend has flipped. Don't want to be long stock here. Maybe as it approaches the 200dma I would look.

# US Stocks Opportunities

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet