u/tenfthigher · 51d ago1 prior · awaiting results
“$45k Puts on AMD”
$45k Puts on SMH and AMD
Author is taking a large put position on AMD as a bearish hedge, expecting downside movement. The metaphor of 'fire insurance for a burning house' suggests conviction that the stock is in trouble.
At post $503.89Now $534.39+6.0% since postedas of Jul 13, 4:59 PM ET
1d—
3d—
1w+2.4%
1m+9.5%
3m—
6m—
1y—