Aug. 3 at 8:26 PM
$AMD $AMDL Buy 100 shares of
$AMDL @
$53.45. At the same time, Sell to Open 1 Call, strike
$54, price
$5.00, expiring August 7. If AMDL is above
$54 at the close on Friday, your 100 shares will be sold at
$54 leaving you with a profit of
$555.00. (1,000 shares and 10 Calls will profit
$5,555.00).