Profit Alert (AMD) 3/13/2017

10:05am (EST)

I have a Profit Alert for one of our current trades (AMD) that is showing a nice double-digit profit. I want to take advantage of this morning’s pop to take partial profits.


Advanced Micro Devices (AMD, $14.45, up $0.54)

AMD April 14 calls (AMD170421C00014000, $1.40, up $0.35)

Entry Price: $0.90 (3/7/2017)
Exit Target: $1.80
Return: 56%
Stop Target: 45 cents

Action: Close half the trade at current levels.