Advanced Micro Devices Inc (AMD)

[HailMary]

Nice work. I assume these are the short calls you are referring to. Wish I could say the same for this month. I guess that is what sometimes happens when you only play one side.

You made some smart moves with the put rolls, but I'm not sure I would want to be short puts all the way out to April. That is what you rolled to right?. A lot can happen in that time. I like to limit my exposure to a month at a time.

I'm kicking myself for not closing these puts when AMD was at $15.50, like my own rule told me to do. Looks like I'll be riding the nervous train for a little while holding these 'extra' shares. I may write Jan 16 calls on these shares on monday if I can get $.45 or better. That would put me back in the positive on these shares by $.20 assuming they are called away. I may also decide to be greedy and hold for a little while until another run up happens, and then write some calls. Hmmm....how much risk do I want to take here...