When I'm working on a options play, I only am looking for a play that has minimal risk. For me AMD makes sense to short as close to the $111 level as possible and I think we are at a great place to place PUTS here. If we break $111.33 im out and cutting the loss. But if we pull back it will be a nice fall down.
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Holy Shit! So glad I posted this idea. I took part in this play, and so did a friend of mine. Feels good when a plan comes together :)