Advanced Micro Devices Inc (AMD)

[HailMary]

In this case I'm actually looking to sell during a certain time, regardless of the price, although I do have $20 in mind as a rough guess. I will likely hold the Jan 15s until January sometime. If we get a big run up before then, I'll sell half, and keep half. I don't think I would sell half of the calls until they hit about $2 in value. At that price I would lock in a profit (my average entry price is $.91) even if the other half expired worthless. As for the stock, I am just going to hold all the way to the Q4 earnings announcement. I may even hold some through it.

HailMary