AMD has gone parabolic, good shorting opportunity

Short idea is summarized as follows

1. stock has gone parabolic and these typically have aggressive corrections
2. robintrack shows sentiment is extremely optimistic so would like to make a contrarian bet
3. assuming a SZ 84-88 so taking a $4 risk and executing the trade via November PUTS. 80 strike

評論:

let me know if there's something I wasn't clear about and I shall clarify!