u/tenfthigher · 18d 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 $452.40-10.2% since postedas of Jun 10, 4:11 PM ET
1d—
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1w+2.4%
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