AMD (AMD) Offering Possible 27.39% Return Over the Next 23 Calendar Days

view original post

AMD’s most recent trend suggests a bullish bias. One trading opportunity on AMD is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 27.39% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $7.85 would be incurred if the stock dropped below the $135.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for AMD is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for AMD is bullish.

The RSI indicator is at 71.24 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


Top Stock Picks for Week of November 22, 2021
Mon, 22 Nov 2021 20:19:08 +0000
Two of the Hottest Chip Stocks For Your Consideration.

Stocks on the move: Amazon, Rivian, Blink, Airbnb, cannabis stocks, semiconductors, and more
Mon, 22 Nov 2021 18:11:22 +0000
Yahoo Finance Live’s Jared Blikre rounds up today’s notable gains and losses across markets.

Infosys (INFY) Upgrades South Florida Water Management to HANA
Mon, 22 Nov 2021 16:33:04 +0000
Infosys (INFY) aids South Florida Water Management District with the SAP S/4HANA platform to improve its service efficiencies, and boost employee productivity.

Why You Shouldn’t Bet Against Advanced Micro Devices (AMD) Stock
Mon, 22 Nov 2021 13:55:01 +0000
Advanced Micro Devices (AMD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

The Metaverse,  Crypto and EVs Are Among 2021’s Big Tech Winners
Mon, 22 Nov 2021 12:39:49 +0000
(Bloomberg) — When Americans gather around the Thanksgiving table this week, the blistering rally in technology, electric vehicles and crypto-related stocks is likely to be a part of their conversations.Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook on SuccessionNew York City Is Building a Wall of Oysters to Fend Off FloodsThe Women Behind Historic House DesignsFrom Bathhouses to Fisheries, Hidden Inflation Is Creeping Across JapanMaverick 70-Year-Old CEO Is Determin

Be Sociable, Share!

Related Posts