AMD Inc. (AMD) plummeted 55% of its value in 2022. Alex Coffey and Jenny Horne discuss AMD as its earnings will be released today, January 31st, postmarket. They talk about how AMD could be looking more lucrative with the launch of their new data center chips. They note that AMD dominated Intel's (INTC) data center chips and has Alphabet (GOOGL) as a customer. They mention that the street feels like there is still room to run with this name. Alex then demonstrates an example trade using AMD. The trade type is a sell a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.