Advanced Micro Devices Inc (AMD)

[HailMary]

I've got a limit order in to sell Feb $14 Puts @0.25.

Did you get these? I had a limit on Feb 15s that didn't go through. Admittedly, I set my limit high, but I'm in no hurry to write. I think AMD might trend down slightly over the next week or so.

I'm not much into writing puts for $.25. I prefer $.35 and up, and actually I try to target closer to $.50. I figure I can write half the number of puts I would have to write at $.25 with less overall risk in case there is a disaster. I don't mind getting assigned occasionally. It worked out great for me getting assigned last month (I was assigned Dec 17 puts that I had written for $.75, and I sold the shares yesterday for $17.40 for a net of $1.15 per share).

My new plan on the long side is to unload my long term shares just before Q1 earnings, although I may change my mind if things continue to look good for AMD at that point.

Good luck