$GraniteShares 2x Long AMD Daily ETF (AMDL.US)$ this is wher...

the good and the bad the good is this ETF has options the bad is they are only monthly.

the good is they are expiring on the 20th which is a week from this Friday

so you can sell a $9 put and capture 40 cents maybe 45 cents this morning.

so if you sell 10 contracts you should make between $400 and $450 from the sale of puts

if next Friday the ETF closes at 9:00 or below you get put the stock / ETF. so your cost basis would be $8.55 to $8.60 depending upon did you get 40 cents or 45 cents on the sale.

that's how I would do it myself I think best case scenario you got about a $10.18 rally to the upside

I think AMD common stock could go to 135

that's the near-term best case scenario in my opinion. we still have tax law selling that's going to take place and the stock will come back under pressure again.

so if you own this at a higher price and a few people commented they're in at 11:00 I would sell puts and just collect that premium and use that to lower your cost basis and if you do get put the ETF you're going to break even much quicker than if you just hold the ETF outright