Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Bought AMD and wrote July strike 4

|Includes: Advanced Micro Devices, Inc. (AMD)

Bought shares at 3.95 and wrote July strike 4 at .35/contract for an intrinsic time value of .35/share.  Shares have pulled back from a high of 4.88.  At 3.95, were 1.45 from the 1 year support.  I will accumulate and dollar-cost-average as I see fit.