AMD - Long Term Play

Sep 15, 2017

If this cup and handle finishes forming, i'll look to enter at the breakout ($15.70) and put my stop order for mid handle level ($13.15-ish).

Then LET IT RIDE!

Sep 19, 2017

Trade active

Good option volume the past several days.

Sep 20, 2017

Note

HUGE move before close today. This to me looks like it's confirmation for the $16 price point next. I'm still holding my options because I think we only move up from here.

Sep 22, 2017

Note

So after the "fake news" story that seemed to have reversed the huge jump in price late yesterday. I took advantage of the high prices this morning and closed my options position for a solid .53 profit.

I was long some Nov 14 calls that I purchased 9-19 for .77 and closed the trade this morning for 1.30.

I will continue looking for long opportunities.