AMD's most recent trend suggests a bullish bias. One trading opportunity on AMD is a Bull Put Spread using a strike $80.50 short put and a strike $75.50 long put offers a potential 28.21% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.50 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $75.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for AMD is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for AMD is bullish.
The RSI indicator is at 76.3 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for AMD
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Bloomin' Brands, Boyd Gaming Corp, 3D Systems Corp and Apple
Tue, 08 Jun 2021 10:40:10 +0000
The Zacks Analyst Blog Highlights: Advanced Micro Devices, Bloomin' Brands, Boyd Gaming Corp, 3D Systems Corp and Apple
SoftBank Seeks $7.5 Billion Loan Secured by Planned Arm Sale
Tue, 08 Jun 2021 08:39:08 +0000
(Bloomberg) — SoftBank Group Corp. is in talks with banks for a loan of about $7.5 billion tied to the Japanese conglomerate’s planned sale of Arm Ltd. to Nvidia Corp., according to people familiar with the matter.Mizuho Bank Ltd. is coordinating the deal, said the people, who aren’t authorized to speak publicly and asked not to be identified. The proceeds would provide investment funds for SoftBank’s Vision Fund operation, and the collateral would be receivables from the cash portion of the pr
Is Intel Stock a Buy?
Mon, 07 Jun 2021 14:12:54 +0000
When Intel (NASDAQ: INTC) brought on a new CEO in February, some investors began asking whether the stock might now be a buy. The company led the PC semiconductor chip market in decades past but some management missteps amid the decline in PC sales created a situation where Intel fell behind both Taiwan Semiconductor Manufacturing (NYSE: TSM) and TSMC's client Advanced Micro Devices (NASDAQ: AMD). Under CEO Pat Gelsinger, Intel has made some significant moves that could pave the way toward a return to the top spot in semiconductor production, but there are also indications that investors may need to exercise patience if they expect this chip stock to make that leap.
5 Semiconductor Stocks to Buy on Rising Data Center Demand
Mon, 07 Jun 2021 12:46:12 +0000
Here we present five semiconductor stocks, NVDA, MU, AMD, MXIM and MCHP, which are poised to benefit from increase in data center market.
5 Stocks to Buy as Jobs Report Allays Inflation Fears
Mon, 07 Jun 2021 11:39:11 +0000
As May's jobs report calms inflation woes, investing in solid growth stocks like Advanced Micro Devices (AMD), Bloomin Brands (BLMN), Boyd Gaming (BYD), 3D Systems (DDD) & Apple (AAPL) seems prudent.
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