Trade Alert 5/28/2024


We have closed our trading in AMD for a little loss. It hasn’t progressed to this point and closed above the 50-period moving average. We will keep the loss smaller and look for better setups.

Sell to close:  AMD July 19th (monthly) 160.00 strike put (ratio of 1)
Buy to close: AMD July 19th (monthly) 145.00 strike put (ratio of 2)
Sell to close:  AMD July 19th (monthly) 130.00 strike put (ratio of 1)
Credit:  2.78
The result is a loss of -0.20 or -$20.00 per spread.