Buying Climax AMD

[mr_byte31]

What's your "Ewww! I WISH!" price? $23??
Sell that put. (And sell it and sell it and when that one expires, sell it again.

I dont trade options man
It is my first time to see obvious climax like this. Exactly as text books
I was surprised

 

[Handle123]

See it dropping to $20.

 

[mr_byte31]

why $20?
I think $22 shall be a good stop !