Bullish flow in Advanced Micro Devices with shares up 0.34%

Bullish flow in Advanced Micro Devices (AMD), with shares up $1.52, or 0.34%, near $447.02. Options volume relatively light with 115k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.69. Implied volatility (IV30) is higher by 0.4 points near 69.2, in the highest 10% of observations over the past year, suggesting an expected daily move of $19.49. Put-call skew flattened, suggesting a modestly bullish tone.