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Nasdaq hits new highs, adjustment looms: Who will stand out?
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My confidence level is high for this AMD trade. Played out a nice bottom pattern during today’s open & appeaes to b perfect spot ENTRY AMD CALLS. Looking 138/139 target in next week or 2.

$Advanced Micro Devices (AMD.US)$ Personally I am holding January 3 and January 17 expiration, 130 and 135 strike calls. I also have a few weekly expiration at 129 strike.
Remember, AMD is currently in the process of a reversal pattern, which will take some “upward chop” while it gets itself together…
Although looking for a 138/139 target,133 would be a good spot to sell and take profits.
I don’t recommend a play unless I have a hih confidence level, feeling good about this one. Played puts on the recent moves down, now its time to play calls on the bounce up.
My confidence level is high for this AMD trade.  Played out a nice bottom pattern during today’s open & appeaes to b perfect spot ENTRY AMD CALLS. Looking 138/1...
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