Our Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) protective puts are on track to expire worthless. We will simply watch them do so. AMD Jun Week Four (6/24) 75 Put Note: No action is needed on the AMD Jul Week One (7/1) 88 Call at this time. Current Stock…
We accepted shares in a number of positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers. The goal will…
Our Advanced Micro Devices (AMD) and Pfizer (PFE) puts are deep underwater. I am recommending we accept shares, as the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when…
We have a modest profit on our Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) protective puts. I am recommending we roll them out one week and to lower strikes. This will allow us to pocket some cash while keeping our hedge in place, which could pay off handsomely if…
Given the possibility of a sell-off following the conclusion of the Federal Reserve meeting this afternoon, I am recommending we buy protective puts on Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA). Note that these puts are being purchased as hedges. Ideally, the market will go up and they will…
I am recommending we roll our Advanced Micro Devices (AMD) put out one week to generate more income and reduce our net debit on the position. Current Stock Price: $102.02 Net Debit: $19.40 Action: Buy to close the AMD Jun Week Two (6/10) 100 Put for around $1.61 Sell to open the AMD Jun Monthly…
I am recommending we roll our Advanced Micro Devices (AMD) and Pfizer (PFE) puts out one week to generate more income and reduce our net debits on the positions. AMD Jun Week One (6/3) 102 Put Current Stock Price: $100.66 Net Debit: $20.34 Action: Buy to close the AMD Jun Week One (6/3) 102 Put…
Our Advanced Micro Devices (AMD) put is deep in the money, but given the terrific premiums, I am recommending we roll our put out one week. The income we generate will help reduce the sizeable net debit we have on the position. I am also recommending we roll our Taiwan Semiconductor Manufacturing (TSM) and Walgreens…
Our Advanced Micro Devices (AMD) put is in the money, but premiums are huge. Therefore, I am recommending we roll the put rather than accept shares. Note that this trade is only for those already in the AMD position. Current Stock Price: $99.95 Net Debit: $23.84 Action: Buy to close the AMD May Monthly (5/20)…
Advanced Micro Devices (AMD) has surged over the past week. I am recommending we roll our put up to a higher strike while keeping the expiration date the same to generate more income and reduce our net debit on the position. My goal is to be assigned shares and sell calls so we can take…
