AMD was at a high of 131+ just early week, thinking that this lot of covered call option strike would be breached and that the underlining would be called away, and in just 2-3 days the stock has yet again tumble to a new low. Measured move and channel support seems to be suggesting the share price may visit the 110 level. Shall wait a little for the share price to bounce a little higher before selling another covered call to capture a better premium. $AMD 20250110 130.0 CALL$
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.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: