Market Thoughts and Recent Trade
I must admit, I’m starting to feel a little uneasy about the current market. While I believe we could see further upside over the next several months, I wouldn’t be surprised by a short-term pullback of 10–15% due to profit-taking. If that happens, I think it could present an attractive buying opportunity. Of course, no one has a crystal ball—but this scenario seems plausible based on current market behavior.
Recent Trade – Advanced Micro Devices (AMD)
On Tuesday (7/28/25), I opened a call position on AMD:
-
Buy to Open 1 AMD 1/16/26 $170 Call @ $23.90
-
Sell to Close 1 AMD 1/16/26 $170 Call @ $29.10 on 7/31/25
💰 Profit: +$520
Return on Investment: 21.7% in just 2 days
With my current market outlook, I plan to stay invested but will continue taking profits when appropriate.
📈 Successful Trading,
Steve
The Options Coach