basically based on price action / history i think the following is likely:

1) it will either climb more than $7

2) or it will _at least_ dip slightly in value

3) it will probably not move up without surpassing that $7 figure


so if i take $600'ish and allocate it as follows:





...if we cash above $93.5 in 30 days, that $600 is worth $2380.

....if we cash below $87.5 in 30 days, we cash out around $750 total.

fact:

this modified condor would have been profitable every single month since june:

./net_month.py amd

2019-11-01 open: 34.37 close: 39.15 change: 4.78 percent: 13.91

2019-12-01 open: 39.32 close: 45.86 change: 6.54 percent: 16.63

2020-01-01 open: 46.86 close: 47.0 change: 0.14 percent: 0.3

2020-02-01 open: 46.4 close: 45.48 change: -0.92 percent: -1.98

2020-03-01 open: 47.42 close: 45.48 change: -1.94 percent: -4.09

2020-04-01 open: 44.18 close: 52.39 change: 8.21 percent: 18.58

2020-05-01 open: 51.07 close: 53.8 change: 2.73 percent: 5.35

2020-06-01 open: 53.31 close: 52.61 change: -0.7 percent: -1.31

2020-07-01 open: 52.63 close: 77.43 change: 24.8 percent: 47.12

2020-08-01 open: 78.19 close: 90.82 change: 12.63 percent: 16.15

2020-09-01 open: 91.92 close: 81.99 change: -9.93 percent: -10.8

2020-10-01 open: 83.06 close: 75.29 change: -7.77 percent: -9.35

2020-11-01 open: 75.85 close: 92.66 change: 16.81 percent: 22.16

2020-12-01 open: 92.25 close: 91.71 change: -0.54 percent: -0.59

2021-01-01 open: 92.11 close: 85.64 change: -6.47 percent: -7.02

gonna have to wait and see what sort of contract prices are in the mix on monday morning and obviously AMD can surge before market open and then and ill have to re-evaluate but you get the idea hopefully.