claypuzzle

AMD Call Credit spread

Short
NASDAQ:AMD   Advanced Micro Devices Inc

Actually got this alert 5 mins before Thursday (yesterday) close, put an order in at 0.11, but no fill.
This morning gap up, then decline in first 5 mins, but got a rally and a fill at 0.10.

Strong pushes down through May making lower lows, leaving behind untested fresh supply zones.
Left behind triple bottom at the 72.50 level which is weak looking
Price rallies in to the proximal edge of the last imbalance RBR zone.
Rally is small candles, weak and slow on declining volume.
A good recipie for a reversal if supply comes in as bulls are weaker and weaker.
Anticipate sellers coming in.

Sold call spread at 81/81.5 7 DTE, 22% ROI for 0.10
Tried for 0.11, but wouldn't fill

Would've like to sell 81.50, but credit was low around 0.07
Clause de non-responsabilité

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