AMD | 1D | long straddle strategy into earnings

١٠ أكتوبر ٢٠١٩

I'm buying a call and buying a put same strike $28. total around $2.66

I'll sell the profitable leg before earnings for a profit and let the other leg run through earnings to see if I can get a earning surprise.

predicted move is 9% after earnings

Predicted move 7 days after earnings, 13%

TA wise, this bad boy will bounce off the 200ma (red line) like it has been for years and move up.

lets go!

١٦ نوفمبر ٢٠١٩

أغلقت الصفقة: تم الوصول للهدف

haha it did what i thought, bounced off the 200ema and went to the moon. hope you followed and became rich.

trade closed