Advanced Micro Devices (AMD) is a hot stock, and today UBS analyst Timothy Arcuri raised his price target from $150 to $210, reaffirming his Buy rating.
With the stock trading at $172.25, I bought 1 contract of the AMD 1/16/26 $170 Call for a premium of $24 ($2,400 total). I plan to hold this position for up to 2 months.
I chose a January 2026 expiration to protect against time decay during this holding period.
Trade Details:
Buy to Open 1 AMD 1/16/26 $170.00 C @ $24.00
Successful trading,
Steve
The Options Coach