Advanced Micro Devices Inc (AMD)

[JLS]

The reason would be profit taking.

I sold shares on 09/04 for that reason. Prior to that day I frequently sold Calls against the shares.

Then on 09/05 (with no Calls written against the shares) I sold $26 Puts for $0.40, then BTC those Puts for $0.09 on 09/06. So the profit was $0.31.

Then later on 09/06 I sold this week's $27 Puts for $0.39, and I'll let those expire today.

On Monday I will sell Puts again. I may continue doing that until I'm Put the shares. Eventually, if I'm not Put the shares, I will buy them back.

My reasoning is that the shares went up too far too fast, so I decided it was best to take profits on the shares by selling them (or by selling CCs on shares I owned and allowing them to be assigned) then sell Puts against the shares until the shares settle down or I'm Put (assigned) the shares.