Advanced Micro Devices Inc (AMD)

[JLS]

Did you consider a Call spread?

You bought the 10s, and have 2 positions. That's Long only. Maximum potential gain is to the moon. But what are the odds that will happen?

The Spread: buy the 10s and and sell the 15s. Maximum potential gain of $5 x 2 is locked in as your max gain (where 2 is your number of positions). That's a 50% gain on the trade, and you will get lots of pats on the back for that.

Doing the spread, you create income right now from the sale of the $15 strike so that you can increase your position size by 50% with no change in overall cost to enter. But now your maximum potential gain is $5 x 3 (where 3 is now your number of positions).

Using a Call Spread, your dollar risk did not change but the reasonable expectation of gain increased by 50%.