Day Trading AMD – Analyzing a Perfect Setup


Trading Recap


In this video, I share my analysis of the trades I took on Friday, October 21st, 2022. I start by showing the charts I’m watching, which include AMD, the QQQs, SPY, and Tesla. I’m looking for the perfect trade, but the morning is a bit choppy, so I’m trying to trade a bit less.

I only took one trade that day, and it was on AMD. I analyze the chart and identify a reverse head and shoulders pattern forming. Since it’s Friday and the options contracts expire the same day, the options were a bit cheaper.


I took a little bit more size than usual. I bought 10 contracts of the 57 call for 10 cents per option. All contracts were sold at the same time for 61 cents per option in just 43 seconds.

Key Takeaways From This Trade

  • Take advantage of cheaper options contracts on expiration days but be careful. Just because options may cost less, they don’t have less risk.
  • Having a one and done day can be great, but it’s important to remain patient and wait for the right trade. The discipline to to walk away when you’re green can be harder than you think.

I’m a day trader with a passion for analyzing the markets and sharing my insights with others. On my YouTube channel, I share my trades and analysis with the hope of helping others improve their own trading strategies. If you want to follow my next recap, be sure to subscribe to the channel by clicking here: Day Trader Journey.

Resources mentioned in the video include:

  • AMD stock: Advanced Micro Devices is a semiconductor company that produces processors, graphics cards, and other computer hardware.
  • Options contracts: A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and date.
  • Reverse head and shoulders pattern: A technical analysis pattern that can indicate a potential reversal in a stock’s price trend.



  • What is day trading? Day trading is the practice of buying and selling financial instruments within the same trading day, often multiple times in a day.


  • Is day trading risky? Yes, day trading can be risky, and it’s important to understand the risks before getting started. It’s important to have a solid trading plan and risk management strategy in place.


  • What are options contracts? Options contracts are a financial derivative that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and date.


  • Can I make money day trading? Yes, it’s possible to make money day trading, but it’s important to have a solid understanding of the markets, a trading plan, and a risk management strategy in place.

Check out other trade recaps here.

Here are the trades from the previous day of trading.

Would you have made these trades?


Always remember trading of any type is risky. It can result in part of all of your money invested. Only trade with money you can afford to lose and only after you have done your own due diligence. Never blindly follow the advise of anyone without first conducting your own research.