AMD “Triple Play Hedge”

Earlier today I placed 3 separate orders to sell (3) different 10 contracts Calls. All of these Calls were with Advanced Micro Devices (AMD) to form a position I call a “Triple Play Hedge.” I was filled on all of my orders while I was not home. I was actually driving my car and I heard an email come in on one of me mobile devices. I pulled over to write a post explaining this and I said I would write the post explaining the trade when I get to my destination. Well, I’m settled in and ready to explain this trade. Read more…