MyMI Stock Plays - AMD Option Play
AMD was the Top S&P 500 Gainer today reaching a critical price level of $102.43 and the 50% Retracement Level from it's most recent drop from $164.46.
Really interested in seeing how the price reacts to these levels going through next few weeks, even if it breaks the 102's. Could see some consolidation back to the Green Support that it's currently trending along back to those levels.
But looking into Option Plays longer term back to the 164s if it does and holds.
Really interested in seeing how the price reacts to these levels going through next few weeks, even if it breaks the 102's. Could see some consolidation back to the Green Support that it's currently trending along back to those levels.
But looking into Option Plays longer term back to the 164s if it does and holds.
Trade active
Active a 3-Month EXP Option Call on AMD this morning after it broke above the $105 50% Retracement Level. Much like we're seeing with NVDA and the rotation back into Tech and movements in Tech such as Chips we will be seeing the results of the federal funding to show its results in expansion production in the Chip Industry.
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