AMD PUT Idea

My idea:
so based on several factors and signals I looked into (not shown), I simplified into what I see happening. I know there is no strict correlation with AMD and SPX, however, it can be noted that as SPX grows, investors seem to be more "open" to drift away from value stocks into growth stocks to acquire quicker and higher profit. Every since the like of Amazon, Apple, Netflix etc, it can very easily be shown that the society of investors are more open to risk in this pre-technological era as we move closer and closer to a more dominant technological era.

That being said, based on this chart, my idea is both the SPX and AMD (along with MANY others) will have a significant drop coming in the near future, as investors come to terms that the Feds intervention wont be enough to overcome the "iceberg" of problems that are arising. Each on their own does not seem to be significant with the fed intervention, but once you realize the relation that they will have against each other, each "problem" becomes intertwined in the other, from the "iceberg beneath the water" (what many can or do not want to see right now).

With every rally there will be numerous day and swing traders trying to jump on the band wagon of each of these rallies to catch a quick profit. That's why I believe we are seeing such volatilty intraday within the markets. These rallies seem prominently based on emotions and rumors, which day and swing traders are infamously known to be attracted to.

please like and share if you enjoyed this idea/opinion...feel free to like if you disagree as well :p , look forward to a discussion.
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