Why did amd crater today?

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Anyone holding amd looking pretty bad

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$AMD below $200

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It’s joever for me, I bought AMD calls expiring in 29 days at $198 and now it’s at $199 😭

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You are using the wrong strategies for sure. Have you considered selling options instead, i.e. r/thetagang? Given that you don't have a job currently, getting income by selling cash-secured puts or covered calls could help you get through your unemployment stage until a job comes around. For example, amd this is a very high risk strategy by theta standards, you could sell CSPs on GOSS and get about 120-125 dollars for every 200 you put up as collateral. Baring a >50% drop in the stock, you profit. 80k would be 400 put contracts at $2, giving you about $48k in premium credit. If the stock stays above $0.80, you win, if it stays above $2 for the next month, you collect the entire profit. If it drops to $1.90 on Monday and you get assigned 40,000 share of a volatile biotech company, just sell 400 CCs for your cost basis strike. This is of course risky, but there are safer moves out there that let you use your capital to generate income without the high reward, low probability 0DTE trades.

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Oh my god, AMD is gonna get me triggered

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Fuck goog bro, AMD should’ve been up 2% by now

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Exactly - large market caps will be able to sue the admin amd ultimately get refunded in time. Small businesses are going to be shit out of luck.

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Err so why is AMD red when it was $260 last week with a triple beat? Was it all a lie

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why is AMD not responding to this? TARIFFS LIFTED MOVE IT!

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