AMD is also looking to improve APU's which are the combination of GPU's and CPU's. APU's size and power usage is very important for companies like Google , Apple , Samsung that make our smartphones and tablets. For the next generation smartphones and tablets to perform at maximum capabilities there going to need better more efficient APU cards. AMD biggest competitor in the APU market is Intel . AMD new Kaveri APU, released a few days ago, is 30% cheaper, performs better and is more efficient than Intel's best APU. This is why I believe AMD will be getting a big deal from one of the top smartphone-tablet makers later this year. Unless we see signs of a worsening economy later this year, I will make a large bet that AMD stock takes off.
Current Chart Pattern - aka Fous Revival Pattern
What I'm looking for here is a previous reversing. For now AMD chart is shaping an . However, the has not met all the required points (pt) to be classified an stock pattern. For this pattern to work, we need to see one more price break to meet with the ascending support line (drawn in black). Today's will play a crucial role in determining if or not we are seeing a future . I posted PT3 Tgt 1 at around $3.40 for my target after are reported this evening. If are really terrible we could even break below PT3 and touch TGT 2 before resuming a flat to . TGT 3 was mentioned, however I do not expect a 50% price breakdown, which would disrupt all momentum from late 2012. Shortly after are reported I expect AMD to resume a , the last push before a serious breakout going into second quarter and a possible announcement of a deal with Apple , Google , Samsung, LG or any other major smartphone/tablet maker.
AMD Options Strategy - Strangle -- BUY yourself some insurance -- OTM Long Call and OTM Long Put contracts
There are many short term indicators now suggesting a strong buy. Longer term indicators such as 3h+ are suggesting a move. Last week when Intel reported it took AMD off track and down -7% from its peak, set just a few days prior. This could mean that the divergences that we saw played out. With only a few hours from now, I've decided to take my strategy with somewhat less risk and buy both OTM long calls and OTM puts.
* 2nd Quarter Breakout should read 1st Quarter Breakout
I loved the super 7 motherbds back in the 90's , intel or AMd chips in differant veriaties could be swapped through the same mother board . Easy up grade , replace CPU , done ,
Well back to your original statement. Sure, Jan. 2017 are a much safer play. However, wouldn't you rather shave 6-8 months and get the same option for 1/3 to 1/2 the price or 1.00/1.50 less strike (OTM Calls) same price. If buying next summer/fall, April 2016 in my view would still be safe.
We still are a long way off before taking our bets/investments. If I can get AMD Jan 2017 3.00 Calls for less than a quarter, I'd take some of that action, but I'd still load up on dates closer to second quarter 2016.
AMD Looking to GO with APPLE and GOOGLE next YEAR!