Replies to post #18721 on Advanced Micro Devices Inc (AMD)

[HailMary]

Any recommendations?

I haven't been able to find any non tech stocks that have high enough volatility to make it worth it to me. I suppose higher volatility = more premiums = more risk. Most of the time you'll only get $.30 for a slightly out of the money put for the next month, and the stock price is like $70!!! Very poor premiums. The good news is these are stable stocks so you almost never get assigned, and if you do you usually get shares that pay healthy dividends. I've considered UPS in the past (looks like I should have done it based on the graph), but timing is key because if the stock is sitting between strikes, it makes it unattractive to do the write. Let me know if you find anything that works pretty well.

AMD is my high risk play, and I play it as such. I think everyone needs at least one or two of these. It makes up for the stagnation of an overall conservative portfolio.

HailMary