Sold AMD Puts

With the market moving down like this you want to be involved in top notch stocks. As I write, AMD is down $4 and I just sold a $79 Put. This means if the stock gets down to $79 someone will put the stock to me.

Sell to Open 10 AMD 2/26/21 $79.00 C @ 80¢ (+$800)

When selling Puts you should sell them on stocks you would not mind owning. AMD at $79, I’ll take it. And I’ll take the $800 premium.

Successful trading,

Steve

The Options Coach

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