If You Are A Binary Trader, You Cant Ignore AMD Call Options
Sep, 04th 05:07
At current prices, it takes very little good news to send the AMD (NASDAQ:AMD) stock soaring, and a lot of bad news to lower it even slightly. At below $2, the stock historically has rewarded investors quite well. At the time of this writing, AMD is selling for $1.77 a share.
Q3 guidance was very low by AMD, and will easily be beaten. AMD’s GPU market share has bottomed, and will show market share increases in Q3.
If you are a binary options trader, then this is the high time to buy the call options (ideally long term call options) for this stock. You may hedge your positions in other risky stocks with AMD as markets are expected to show some major correction amid Fed rate hike expectations.