$AMD 20261204 360.0 PUT$ sharing a trade today. This is a sell put AMD strategy. The premium is about 1.3k if it doesn't go below strike price of $360 by 4 Dec. I believe There is a high probability of walking away with 1.3k, but even if it does not happen, I will get in AMD at $360 in Dec. I believe this is a good price to get in and will be rewarded one year down the road. Meanwhile the premium is still mine to receive. After which I may sell a covered call to protect the position. this is a wheel strategy. Does anyone out there do the same too?
Always a tough question. No one has the crystal ball. Only time will tell and then everyone will say on hind sight we should be doing something that some already did but some didn’t. It is just so interesting that the world is round and there is no right or wrong.
$SPDR S&P 500 ETF Trust(SPY)$ this is my trade review. I am doing auto invest in SPY , monthly DCA. I believe in consistency and having faith in this ETF. In the long run, it should be a good investment, and it can also serve as a monthly savings strategy. Dividends is good too. Do not be afraid of volatility, just continue auto invest . Have the conviction in the stocks you have decided, especially for ETFs. In addition, this is a good period to start auto invest if you haven't. Because the midterm election is over. Certainty is here. Trump will run for another 2 years. Let's grab this opportunity and run together!