I’m in Deeper With AMD

I just bought more shares of Advanced Micro Devices (AMD). I now own 2000 shares!

On 4/3/19 I bought 800 shares of AMD at $29.50. On 4/8/19 I bought an additional 200 shares at $28.90. At this point I owned 1000 shares at an average price of $29.38. Please note, on my “Active Trades/Current Positions” page I have these shares listed as buying 1000 shares on 4/3/19 for $29.38. I’ll be holding these shares for a while because I sold a long term option (LEAP) against these shares which doesn’t expires until 1/19/20.

On 6/11/19 I bought 500 shares of AMD at $32.70 which gave me a total of 1500 shares. Today I bought another 500 shares at $31.30. This 1000 shares which I bought one half at $32.70 and the other half at $31.30 are listed on my “Active Trades/Current Positions” as buying 1000 shares on 7/1/19 at $32. I will be selling a Call on these shares today if I get the premium I want.

Please stayed tuned, I’m thinking of  the option I want to sell. I might even do one of my other strategies.

Steve

The Options Coach

Leave a Reply

Your email address will not be published. Required fields are marked *