AMD - Advanced Micro Devices

Updated
Extremely high IVR here in this little over-hyped stock, so I'm using a jade lizard. This trade helps sell some juiced IV, but caps your upside (even allows you to profit from the upside as well) in case the craziness continues.

-1 Oct18 29/34/36 Jade lizard for $2.24 cr.

Risk: 2x cr rec (downside risk); No risk to upside
Profit: 50% cr rec
Trade closed manually
IV really came in today, so I'm taking this quick % winner for $1.44 db.

~35% in 10 days is good for me. I'll move the capital elsewhere.
AMDBeyond Technical Analysisoptionsoptionsellingoptionstrategypremiumselling

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