Did You Get the Alert This Morning?

Did You Get the Alert This Morning?

Posted On September 27, 2021 12:51 pm

I sent this alert to my Options360 subscribers this morning…

I expect this could be a big win. 

Here it is:

Advanced Micro Devices (AMD) is a leading chipmaker with best-of-breed products in graphics, AI, and more recently data centers.

The stock is down some 20% from the August high on general pressure on the sector for supply chain issues and concerns regarding the closing its acquisition of Xilinx (XLNX) especially with new scrutiny from China on tech companies power.

But from a technical standpoint, the stock left an island low by holding the $100 level and has now cleared the first level of resistance above the 50-day moving average around $105.50.

amd stock chart 2021

The company reports earnings on Oct.26th. I think it should work higher in the weeks leading to the release.

Let’s use a diagonal which encompasses the event, in which the long should hold its premium and provide the opportunity for a couple of rolls and then the decision whether to hold through the report.


I can’t share the recommendation with you because it would be unfair to my subscribers…

However, there’s still time if you want to grab the recommendation.  You can get it for just $19

You’ll also get all of my trade recommendations as well as any trade updates for a full 30 days. 

Grab your trial subscription today!

To Your Success,


About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.