I take it that's a "no, I didn't buy any puts, YET AGAIN"
Really, unless you expect the whole market (due to oil, inflation, whatever), or the combo (AMD + INTC, due to price war) to tank the rest of the year, buying AMD puts at this point seems kinda dumb.
You've likely missed almost all of the selloff, modulo the 2 factors above, i.e. AMD is unlikely to trade much lower this year unless INTC or the whole market falls along with it.
AMD may be dead money until June 1 when they talk about the K8L, and depending on what they say at that point, may begin recovering once Q2 earnings come out.
INTC probably has more near-term chances of falling, with earnings coming next week. And given how much INTC has already talked about future performance, it's hard to see any real catalyst for INTC stock the rest of this year.
Actually, both stocks seem likely to be less volatile from this point, unless INTC *really* tanks earnings & guidance, goes hog-wild on a price war, or the overall economy blows up.
