AMD has been on a tear. I hope I’m not entering too late but with AI on the raise I don’t think it will ever be too late.
With the stock at $202 I bought 1 AMD 6/21/24 $200 Call for a premium of $24.70 which is $2470. I bought $1 In-the-Money for a better Delta. I bought out to June so I think this option will be a winner. I’ll look for a 25% return so I’ll look to sell this option when the premium is at $30.80. I feel this is very doable.
Buy to Open 1 AMD 6/21/24 $200.00 C @ $24.70