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REDDIT

AMD Covered Call damage limitations on the runaway stock price?

S
May 9, 2026 · 13:55

Curious what everyone's play would be on damage limitation for my worst trade in history.

I have actually never had a run on an option this large go against me. Taxable account, bought shares at $12.


I sold 2 AMD covered calls: when AMD was 288 per share.

May 29 @ 310

JUL 17 @ 320


Pretty sure its just let them be called away learn from trying to make sense of this market. Regardless just curious if I am not thinking of a way to minimize the damage.


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