I closed 1 lot(s) $AMD 20240621 150.0 PUT$  ,AMD has been trending within a bearish channel for the past two months, characterized by lower highs and lower lows. It has been hovering around the 20/40 EMAs while finding support on the 150 EMA in recent days. AMD has a high implied volatility, making selling options quite lucrative—provided one predicts the direction correctly. With this put option expiring worthless and the full premium collected, I will look for dips to enter again, ideally in the mid-150s.
Trading Order
SymbolSidePrice | FilledFilled time
AMD PUT
US20240621 150.0
Buy
Close
01Lot(s)2024-06-2215:11:04
# Is it Finally AMD's Turn to Rise?

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  • Awesome analysis on AMD's bearish trend
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  • Great article, would you like to share it?
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  • 33Serene63
    ·06-22
    Good 👍
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