AMD - OTM Put Credit Spread
Updated
This is a neutral-bullish out of the money option PUT CREDIT spread trading strategy for AMD. To me, this feels just about right for AMD because I'm very slightly bullish and neutral on the stock right now. This credit spread allows for a full profit in 14 days time as long as the stock does not go down to $152.50.
In this video I go over how to set up a credit spread and how to calculate the profit/loss and the probabilities of it working out.
In this video I go over how to set up a credit spread and how to calculate the profit/loss and the probabilities of it working out.
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The stock took off immediately today and I missed the entry. I will keep an eye out of a retracement to support for an entry.
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