Trade Recap for Tuesday 10/10/23

Trade: $AMD 110c

• Reasoning: inside day breakout

• Entry on the contract: 1.07

• Exit on the contract: 1.17, 1.30

• Profit in percent: 21%

Today, AMD was on watch due to the inside day setup on the daily chart. AMD was a focus over 108 since it would breakou over the inside day and should trigger a move into the 110 resistance. AMD was a bit slower at the start of the trade but ended up breaking out after some consolidation. I didnt max out the gains on this and reason being was I didnt like the price action on the premiums.