AMD will announce its corporate results after the bell today.
It's a good idea to sell 5 put options with $ 51 Strike Price and expiration date on 8th of May 2020.
So we have a -10% loss border and if the price is above $ 51 at expiration we will receive Premium $ 400. But if it falls below, we will be able to buy the 500 shares at a lower price as AMD has prospects in the future.
It's a good idea to sell 5 put options with $ 51 Strike Price and expiration date on 8th of May 2020.
So we have a -10% loss border and if the price is above $ 51 at expiration we will receive Premium $ 400. But if it falls below, we will be able to buy the 500 shares at a lower price as AMD has prospects in the future.