Selling call options on AMD is attractive; valuation is high relative to peers (PEG 2 vs NVDA 0.7).
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But we said this morning : "Today might be a good day to sell call options on AMD shares. Today might be a good day to be extremely cautious because the markets are unhappy that an agreement has not yet been reached . It's been 12 hours, where is the agreement?"
Just to clarify, I don't want to go into detail about the different PEG ratios . But that's just a small part of what AMD stock is like , for example. That's why I said this morning on the live stream to our course members: "Selling call options could be interesting here at AMD."
As you know, these options would have gone up by 10% today if someone had sold them. You can buy 86-day call options and receive an 11% return in addition to the underlying stock's price movements.
But what is interesting about the price- to-growth (PEG) ratios is that AMD stock is trading at a ratio of 2, while Nvidia stock is trading at 0.7. So, as you know, there is a slight difference in the evaluation.
What this channel has said about $AMD
Meet Kevin has 7 calls on this stock; only the adjacent ones are shown.