First Trade went really well, thou AMD didnt come down to my target buy in price$3.50 from my first trade till yesterday, I still managed to collect my "Rental" income covering 2 monthly instalments of S$500. (See ? , I didnt get to buy the stock but still makes money)
Since AMD is moving away from my target buy-in price of $3.50 , i'll shift my target price to $4 . As per my last review, AMD is capturing great reviews & expectations from investors after shifting its operations partially to Gaming Console Processors & Graphic Card processors. AMD Share Price is moving up recents weeks till last 2 days, to be at current peak before the earnings annoucement on 28th Jan, 2014 for 4th Q 2013 earnings.
I did a trade close & opened a new trade for the month of Feb, 2014. Costs of closing the trade & Premium Collection of New Trade as follows:
Cost to close: USD ($21.49) Premium Collected on New Position: USD $416.00
Total Nett "Cashflow" collected for Month of Feb is $416 - $21.49 = USD $394.51 (8.22% for 1mth) Capital - USD $4800
*Refer to disclaimer
Total Nett "Cashflow" collected for Month of Feb is $416 - $21.49 = USD $394.51 (8.22% for 1mth) Capital - USD $4800
*Refer to disclaimer
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