AIQ_Systems
Short

AMD looking pretty extended here with MACD diverging down

NASDAQ:AMD   Advanced Micro Devices Inc
AMD looking pretty extended here with MACD diverging down, picked up some Aug 16, 32 purs for 25c. Don't usually keep options bought on Friday over the weekend, so we'll watch this one for last 2 hours today
Comment: already up 300% on this so we'll hold on to this for now
Comment: took half at 80c letting the rest run
Comment: taking the balance of 6 contracts off the table for 1.47 thats a good 550% gain
Comment: could have waited a tad longer on this mega down day, but we are always happy to take over an extra $1200 gain off the table
Comment: when your portfolio is up 1.2% today and markets down 3% thats not a bad days trading
Did you close your put? Please keep us updated.
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