r3anand

we've seen this movie before; SHORT AMD

Short
NASDAQ:AMD   Advanced Micro Devices Inc
I've looked at the longterm charts of AMD to make the case that it's showing similar price action as previous bull markets and I would like to assume this bull market will end the same way. There is little to no upside for this stock which is a good reflection of how the semiconductors or tech will perform in the coming months.

Comments

SHORT, yes if u wanna go for economic disaster :D
+1 Reply
How did your puts go?
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r3anand SarahTrade
@SarahTrade, last week the stock was down a decent amount due to earnings, so i capitalized on that and closed my position. I am definitely thinking of buying longer dated puts on this again
Reply
SarahTrade r3anand
@r3anand, premium isn't cheap though
Reply
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