Potential Puts on AMD
On the 1 hr and 4 hr chart, MACD and the 10 EMA have crossed over to the downside(crossed over the 20). Daily is close to crossing on both MACD and 10 EMA over 20. I am considering some Nov 20 expiration 75 or 72.50 puts, as they are priced in my range(I like options under $500 each, and usually buy 10-20), plus the volume and open interest is higher than the closer to the money puts.
The daily also looks like a head and shoulders pattern.
The daily also looks like a head and shoulders pattern.
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