Use Option As AMD Show Nice Engulfing Move Into Cup and Handle Pattern
This article is to share why I think $Advanced Micro Devices(AMD)$ might make a good candidate for option trading as I already hold shares for AMD. We have been seeing the bulls playing good defense around the low 150s. I am holding AMD for my long term portfolio but do not mind to add more with a pretty good price. Though we are seeing some big red days and AMD have been trading around these common areas. Technical Analysis - Nice Engulfing Move We are looking for monthly higher low. We can also view this as a very nice engulfing move into a cup and handle pattern formation and this looks like for a daily expansion. There are active options chains visible on Yahoo Finance, MarketChameleon, Barchart, etc. The implied volatility for AMD is decently
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$Rigetti Computing(RGTI)$ what started as a speculative trade to enter the quantum sector, ended in the position doubling over the span on half a year.