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Income Madness Trade Alert: AMD

I am recommending a call to sell against our uncovered Advanced Micro Devices (AMD) shares to reduce our cost basis on the position.

Current Stock Price: $105.92

Cost Basis: $123.57

Action: Sell to open the AMD Mar Week Two (3/11) 110 Call for around $1.80, but adjust as needed to sell a call today

New Cost Basis: $121.77

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