AMD - Long Term Play

If this cup and handle finishes forming, i'll look to enter at the breakout ($15.70) and put my stop order for mid handle level ($13.15-ish).

Then LET IT RIDE!

Zlecenie aktywne:

Good option volume the past several days.

Komentarz:

HUGE move before close today. This to me looks like it's confirmation for the $16 price point next. I'm still holding my options because I think we only move up from here.

Komentarz:

So after the "fake news" story that seemed to have reversed the huge jump in price late yesterday. I took advantage of the high prices this morning and closed my options position for a solid .53 profit.

I was long some Nov 14 calls that I purchased 9-19 for .77 and closed the trade this morning for 1.30.

I will continue looking for long opportunities.