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spx 6 ( am counting all u.s. indices as spx(dowi,nasdaq.. etc) cause thery are highly correlated)
Others instruments have only one or two requests so far.
I like this stock because of it's high level of open interest and option ability.
However, stock accumulation might be the best tactic to use RIGHT NOW. The question is, where would be the low point of this stock and when do you time an option play for a possible rally higher ($+5.0)
Been weighing possibility of a further drop below 1.70 (three year stock low), however I don't see it anymore. Lisa Lu will announce the two large deals bringing in additional 2 billion in revenue, + the anticipation of market growth in mobile/pads and public-private server contracts.
However, If AMD keeps diluting share holders, this target gets taken down with each wave of dilution. I would argue, that AMD management after it's headcount reduction and cost cutting, they announce a big stock buy back. Risky but worth it, Taking a portion of remaining 1 billion cash and selling bonds to cut SO count by 1/5 would get the ball rolling and the company turnaround moving that much faster. Diluting at $30 TO $40 is a lot smarter than diluting at $4 to $2.