AMD Put Credit Spread Strategy for 2019Given 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.
Putcredit
Cautiously Bullish on SHOP by selling Put Credit SpreadsSell the Feb 16 SHOP 100/95 Put Credit Spread for $0.65 or better, for a 13% (not counting commissions) return within 35 days.
Stop loss should be if the spread increases to $1.30.
SHOP has held the 61.8% retracement of the Sep 17 high to Oct 17 low and is clearing the way for higher moves.
Playing it with selling a put credit spread and receiving $65 for every $5 wide contract sold, for a potential 13% Return on Risk over 35 days.
Happy Trading
Lindosskier