- Bought the AMD 16APR21 85 calls on Feb 2 at $9.90.
- Sold the calls on Feb 12 at $12.00 for a gain of 21.21% on the trade.
- 3% portfolio allocation.
I bought the AMD calls after the shares held and bounce off the $86.00 support level - the shares moved sideways for three days and then began to ramp higher on Feb 8 - I closed out the trade on Feb 12 when the shares hit the $94.00 resistance level. Short and sweet.
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