Good enough for a screenshot good enough to exit, however I exited $mu too early so I'll be holding this one till next year.

    https://i.redd.it/44g6ybtx550h1.jpeg

    Posted by bajagfjdlbkaoa

    4 Comments

    1. Rosella2562 on

      Just a suggestion, not financial advice as I paper-hand all of my positions too early 😂🙃 I understand having conviction in AMD and wanting to stay long.

      But from a technical perspective, since this option is already deep in the money and has a high delta/lower diminishing returns after this point (already has intrinsic value, but less extrinsic value), it could be a better idea to sell this call, realise the profits, and use some of the capital to buy cheaper out-of-the-money calls with higher gamma that will grow exponentially as the stock moves closer to your strike.

      Either way, congrats and best of luck! 🥳🙌🏻

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