Advanced Micro Devices (AMD) is scheduled to report earnings next week. I am recommending we book profits now to avoid having to potentially roll out past the announcement.
Prices are jumping around, so please exit quickly.
Current Stock Price: $89.74
Cash in Hand: $1.43
Action: Buy to close the AMD Jul Week Four (7/23) 89 Put for around $0.72, but adjust as needed to close today
Profit: $0.71, or $71 per contract