I own a few shares hundred of AMD (bought a little expensive at 13.4), but I've also been making a few extra dollars on options.
Lately, every time the stock goes to ~$12, I sell 10 or so Jan 18, 2019 $20 Puts and close my position a couple of weeks later when it's at ~$13-14. I've made about $2k on that so far, and I'm on my third time now and up $600 on the position.
Is this an overly risky move?
I generally have faith in AMD but don't like how volatile the stock has been, so I'm reluctant to simply go long with more shares.
Submitted July 11, 2017 at 03:53AM by YAbdelaal http://ift.tt/2t90s1y
