Given AMD is contained within a Regression uptrend .
When AMD closes below EMA21.
Open a Put Credit Spread (Next Monthly Expiration) at 1ATR below the EMA21.
Target Profit>50% credit received or half-way through expiration.
Stop Loss if AMD closes below Regression Trend or 2ATR below EMA21.
Update Regression Trend every month end.
Sell the Feb 16 SHOP 100/95 Put Credit Spread for $0.65 or better, for a 13% (not counting commissions) return within 35 days.
Stop loss should be if the spread increases to $1.30.
SHOP has held the 61.8% retracement of the Sep 17 high to Oct 17 low and is clearing the way for higher moves.
Playing it with selling a put credit spread and receiving $65 for every...
