AMD Put Credit Spread Strategy for 2019
Given AMD is contained within a Regression uptrend.
When AMD closes below EMA21.
Open a Put Credit Spread (Next Monthly Expiration) at 1ATR below the EMA21.
Target Profit>50% credit received or half-way through expiration.
Stop Loss if AMD closes below Regression Trend or 2ATR below EMA21.
Update Regression Trend every month end.
When AMD closes below EMA21.
Open a Put Credit Spread (Next Monthly Expiration) at 1ATR below the EMA21.
Target Profit>50% credit received or half-way through expiration.
Stop Loss if AMD closes below Regression Trend or 2ATR below EMA21.
Update Regression Trend every month end.