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Benji
Jun 29, 2018 6:25 PM

AMD - Advanced Micro Devices Long

Advanced Micro Devices, Inc.NASDAQ

Description

Trade setup on chart.

Executed the trade for a $.37 credit.

The call spread in July is a bit of a moon shot, but the trade is setting up currently to be a 22.3% ROC by Oct if it expires worthless. I may continue to add call spreads if possible here.

Trade closed manually

Closing this trade, there seems to be a small chance that we get up into my $18/21 by Aug17. I was able to close for a $.16 cr, so $53 winner.
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