Sell to Open 1 Mar 22, 2024 167.5/155 Put Vertical @ $455.00

AMD
This is a bullish strategy with limited risk of $795.00 and limited potential reward of $455.00.
This strategy will profit if the stock closes above $162.95 by Mar 22, 2024.
There is a 58.11% probability this will happen.

From a technical perspective, AMD is having a wedge formation and will likely breakthrough with
a upward trend momentum.

However, I have a mixed feeling about the AMD's fundamental, so instead of playing an aggressive long vertical call, I tend to sell a vertical put to give myself a higher win probability.