Trade

This is a trade review of my Advanced Micro Devices AMD call option trade. Why was I interested in AMD? Because it’s getting action for momentum traders interested in the AI market. Which way was AMD trading? It was in a long upward trend. Was AMD making an all-time high? Yes. When did you enter the trade and at what cost? I entered the trade on 3/1/2024. I bought 5 May 17, 2024 AMD Calls for $8.95. Total cost was $4,478. What was AMD trading at the time of entry? It was trading around $200. That was my entry. Now what about the exit? Why did I exit? ...

This is a trade review of my Costco COST call option trade. Why was I interested in COST? Because earnings was coming and I wanted to catch a price run up. Which way was COST trading? It was in a long upward trend. Was COST making an all-time high? Yes. When did you enter the trade and at what cost? I entered the trade on 3/5/2024. I bought 10 June 21, 2024 COST Calls for an average price of $7.53. Total cost was $7,545 What was COST trading at the time of entry? It was trading around $764. That was my entry. Now what about the exit? Why did I exit and not hold through earnings? ...