Advanced Micro Devices (AMD) stock has long been a favorite of option traders and has been in a consolidation phase for the last few months. One bad thing about AMD stock is that it doesn’t pay a dividend. But what if we could use options to manufacture our own dividend? Does AMD Pay a Dividend? Let’s say I have $15,000 to invest into AMD stock, I could simply buy some shares and hope the stock rises. But, if I want a more conservative play, I could sell an August 15, 2025 put with a strike price of $150 and set aside the $15,000 in case I am assigned on the short put. That $150-strike put gen…