Let’s make it three for three with Advanced Micro Devices (AMD) closeouts this week! The premium on the put we sold yesterday has fallen to our target exit price in less than 24 hours. Current Stock Price: $115.87 Cash in Hand: $0.90 Action: Buy to close the AMD 18 Aug 104 Put Recommended Limit: Set…

We’ve closed back-to-back winners on Advanced Micro Devices (AMD) already this week, and we’re going back to it with another trade on the semiconductor maker. Volatility remains elevated following the release of the company’s second-quarter results. While revenue was down 18% from a year earlier to $5.36 billion, it was better than expected. And earnings…

Advanced Micro Devices (AMD) is bouncing back today following yesterday’s post-earnings sell-off, and the premium on the put we sold just over 24 hours ago has fallen by more than half to our target exit price. Let’s book fast profits now, closing back-to-back winners on the semiconductor maker. Current Stock Price: $114.28 Cash in Hand:…

Advanced Micro Devices (AMD) is rallying today ahead of the company’s scheduled earnings announcement after the close. The premium on the longer-term put we sold has dropped below our target exit price. Let’s close it now, earning more than 60% of our max profit and an excellent rate of return. Current Stock Price: $116.83 Cash…

Let’s book profits on our Advanced Micro Devices (AMD) put, earning an excellent rate of return in just one day. This trade was a bit different in that rather than accepting the premium that we saw on our screens during Tuesday’s Live Trading Session, which was around $0.91, we entered a good ‘til canceled (GTC)…