A big red to green reversal has AMD within striking distance of the 100day sma, and this is a great opportunity to lock in more money on the longer-term swing trade. The plan will be to close the Aug19 $105 – $115 call spread and roll up to a tighter Aug19 $110 – $115 call spread. The next target will be 112+.
Open Positions
* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under “Trader Author Portfolio Holdings.”.