This is my first publish here. I've traded for about 5 years; options for about 2 years. I am currently breaking even on a Call Credit Spread with a 6 month expiration I opened about a month ago today. The position is short based on simple historic patterns, and with Nvidia's release of the 3000 series GPU's, while AMD can only tout their now 2-year-old CPU technology and the lack of any strong GPUs - my opinion is that this is simply an over sold and over hyped stock.
Based on stock performance, news and US election cycle, I will be looking to add to my bearish position if I am correct.
I'm a simple guy who doesn't use indicators. Just long term data and relevant news development. My positions are typically initially small, and a minimum of 3 months and no longer than 1 year. Hopefully someone finds this informative.
Based on stock performance, news and US election cycle, I will be looking to add to my bearish position if I am correct.
I'm a simple guy who doesn't use indicators. Just long term data and relevant news development. My positions are typically initially small, and a minimum of 3 months and no longer than 1 year. Hopefully someone finds this informative.