0.09Open0.11Pre Close18.74K Volume27.99K Open Interest140.00Strike Price182.14KTurnover99.25%IV15.34%PremiumDec 20, 2024Expiry Date0.00Intrinsic Value100Multiplier1DDays to Expiry0.04Extrinsic Value100Contract SizeAmericanOptions Type0.0133Delta0.0044Gamma3468.86Leverage Ratio-0.0350Theta0.0001Rho46.12Eff Leverage0.0026Vega
Advanced Micro Devices Stock Discussion
updates
bull case
2 more trading days to end of the week. let's see if its able to gap up to at least 125 (a doji candle closing at least). closing 128 or above to break declining channel. (not a 100% sign of reversal. but I think the odds of a dead cat bounce should be getting lower afterall it happened 3 times already)
bear case
closing off below 125 may see a continuation towards 114 (200ma) weekly chart and retest if it holds. as per my previous posts, weekly...
glad I took some insurance.. looks like may need more hedging . would want to observe if it's a overreaction or more drops to come. key levels as usual... if 121 doesn't hold, get more puts. (amd rsi is slightly below 30 right now) pretty oversold. may wait for some bounce if any and get puts if required.
Here is how it happened!
Those stocks I invested below normally go up slowly but went down fast, and I caught on top buying expensive one and selling out with a loss (stop loss) in 2022-23.
I am now trading only options because I lost all my investment funds during the bear run. (I sold out all with loss because of fear of holding dipping stocks)
After losing more than 10 K++, I learn...
back October 7th during that week was when they had their roadshow where Lisa debuted their new GPU to a rather lackluster response and the stock sold off and I became very cautious I advise people to get out I used some eloquent words calling it dog shit and I explained everybody that I thought the bottom would be $121 and you can go back and reference that. so we have our double bottom from August which was the Black Monday...
Before all, let me remind you that $Tesla (TSLA.US)$ is a stock that trades based on fea...
Lesson learned and pay for our own stupidity
I will go long for MU tonight if the downward momentum decline...
$Micron Technology (MU.US)$
$Advanced Micro Devices (AMD.US)$
No comment yet