Short AMD via db. puts.
Bought 5x Apr20 $14 puts for $2.43.
Max loss: $1,35
Max win: Price to $0 (unlikely)
Target: Price at $11.40
Stop loss: $12.25
long $14 puts: 82 delta
Bought 5x Apr20 $14 puts for $2.43.
Max loss: $1,35
Max win: Price to $0 (unlikely)
Target: Price at $11.40
Stop loss: $12.25
long $14 puts: 82 delta
Trade closed: stop reached:
Stopped out this morning on the up move, sold for $2.05/option. $190 loss.