Advanced Micro Devices’ Options Trade
-- 134% Profit!--

Another Big Winning Trade!

by Ian Harvey

July 27, 2017


Here is an overview of Advanced Micro Devices, Inc. after reporting earnings. This options trade was recommended to members of Stock Options Made Easy on July 18; and was then suggested publicly on Monday, July 24, 2017, with the company reporting the next day; producing major profits within a very short period of executing the trades.

Advanced Micro Devices, Inc. (NASDAQ:AMD)

The Suggestion……from “Earnings Predictions for the Week Ahead”

Advanced Micro Devices, Inc. (NASDAQ:AMD), a global semiconductor company, is likely to deliver blow-out top-line numbers because of Ryzen.

Ryzen (pronounced RYE zen) is an AMD CPU aimed at the server, desktop, workstation, media center PC and all-in-one markets. ... Codenamed Zen in development, Ryzen is the first major architectural change for AMD since Bulldozer.

Advanced Micro Devices is set to report earnings next week, Tuesday July 25, after the market closes, with the Street’s estimates right now standing at a 1- to 3-cent loss on revenues of $1.16 billion, and the “whisper number” is for a gain of 1 cent.

Last quarter saw Advanced Micro Devices’ shares get absolutely annihilated following both a revenue miss and lowered guidance.

With AMD now at an inflection point on the charts, expect another big post-earnings move this quarter, and a more bullish stance is expected. Major options players are expecting a 14 percent move.

** OPTION TRADE: Buy the AMD AUG 18 2017 14.000 CALL at approximately $0.85. Sell price is left to your own judgment.

The report………..

After the bell on Tuesday, AMD reported second quarter revenue of $1.22 billion (up 19% annually) and adjusted earnings per share of $0.02, beating consensus analyst estimates of $1.16 billion and $0.00. AMD said computing and graphics revenues jumped 51% from one year ago.

It also guided for third quarter revenue up 23% sequentially, plus or minus 3%, with a midpoint implying revenue of $1.5 billion, up 15% annually and above a $1.39 billion consensus.

In addition, AMD says it now expects full-year revenue to be up by a mid-to-high teen’s percentage, better than a prior (conservative) outlook for low-double digit growth.

End Result……….

Advanced Micro Devices shares surged in premarket trading Wednesday after reporting a better-than-expected second quarter earnings after the close last night.

AMD shares rose 9.4% in premarket trading on Wednesday, indicating an opening price of $15.46, the highest since March, after closing at $14.11 on Tuesday. The stock have risen 24.43% so far this year, topping the 19.1% advance for the Nasdaq composite index.

The Trade……..

Within a few short hours this trade produced a 134% profit!


If you interested in being part of this profitable action just click here……

The results say it all!

Best of Trading,
Ian Harvey
Director of Stock Options Made Easy


”Success is simple. Do what's right, the right way, at the right time.”

Option Tip for your Success!
Options traders are not successful because they win.
Options traders win because they are successful.

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