Trade Alert: Advanced Money Destroyer

A bullish bet on our #1 name from last night, AMD, and our #3 name, a nuclear stock.

Trump Retardation Syndrome

Over on ZeroHedge today, I have a post about some of the reactions to President Trump’s China export deal with Nvidia ( NVDA 0.00%↑ ) and Advanced Micro Devices ( AMD 0.00%↑ ), which is sometimes jokingly referred to as “Advanced Money Destroyer” by traders. Coincidentally, one of those two chipmakers, AMD, was our system’s #1 name last night.

As regular readers know, since December of 2022, PA’s top names have averaged returns of 16.25% over the next six months, versus SPY 0.66%↑’s average of 9.16%. Today, we have bullish options trades teed up on our #1 name (AMD) and our #3 name (a nuclear stock) from last night.

In both cases, I’ve structured the trades to harvest elevated implied volatility heading into earnings, in order to lower the cost of our bullish bets. I’ve also structured the trades so our downside risk is strictly limited in both cases. The AMD trade has a maximum upside of over 100%, and the nuclear trade has uncapped upside.

Full details for paid subscribers are below.

Speaking of which, a brief reminder:

Subscription prices for the Portfolio Armor Substack are going up from $30 per month/$300 per year to $40 per month/$400 per year at midnight tonight, but current subscribers will be grandfathered into the current price. So if you’re a free subscriber and you’ve been on the fence about upgrading, this would be a good time to do so. If you subscribe and decide it’s not for you, you can email me and I’ll give you a prorated refund anytime, no questions asked.

Today’s AMD Trade

The stock of course is Advanced Micro Devices (AMD 0.00%↑), and our trade is a combo expiring on November 21st consisting of four legs:

1. Buying the $195 strike call,

2. Selling the $200 strike call,

3. Selling the $175 strike put, and

4. Buying the $165 strike put,

For a net credit of $3.65. The max gain on 1 contract is $865, the max loss is $635, and the break even is with AMD at $171.35. This trade filled at $3.65.

Today’s Second Top Names Trade

The stock is Energy Fuels, Inc. (UUUU 0.00%↑), and our trade is a risk-reversal with a floor, consisting of three legs expiring on January 16th, 2026:

1. Buying the $10 strike call,

2. Selling the $10 strike put,

3. And buying the $6 strike put,

For a net debit of $0.15. The max gain on 2 contracts is uncapped, the max loss is $830, and the break even is with UUUU at $10.15. This trade filled at $0.10.

Exiting These Trades

• AMD Call Spread (legs 1 & 2): I’m going to open a GTC order to exit at a net credit of $4.50, and lower that price, if necessary, as we approach expiration.

• AMD Put Spread (legs 3 & 4): I’m going to open a GTC order to exit at a net debit of $0.20, and raise that price, if necessary, as we approach expiration.

• UUUU Call (leg 1): I’m going to open a GTC order to sell 1 of the contracts at $3.50, and try to sell both before expiration for the best price I can get for them.

• UUUU Put Spread (legs 2 & 3): I’m going to open a GTC order to exit the spread at a net debit of $0.20, and raise that price, if necessary, as we approach expiration.