Option Strategies: AMD
Hello everyone! Today I want to share some option strategies with you!
1.
Got assigned $Advanced Micro Devices(AMD)$ shares on Friday last week from puts we sold. Decided not to roll the position. For this week, we have the 160p strike in play.
Will do the following:
- Sell calls at the 175 strike Apr 19 expiration (covering our assigned shares) and will roll down to 167.5 later in the week if AMD does not break back and stay above 170
- Sell naked calls at the 180 strike Apr 19 exp (pairing with our 160p trade) and will roll down the strike to 175 later in the week if AMD continues to trade in this 160-170 range ... will leave the strike at 180 if AMD breaks and stays above 170 and will roll down to 162.5 or 165 if AMD drops below 160 and shows no signs of recovering
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- jigglyp·04-16Keep an eye on that 170 level, it could be key.LikeReport
- ChloeKeynes·04-16👍LikeReport
- Tom Chow·04-16goingLikeReport