Bullish flow in Advanced Micro Devices with shares up 1.87%

Bullish flow in Advanced Micro Devices (AMD), with shares up $2.54, or 1.87%, near $138.66. Options volume roughly in line with average with 355k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 0.4 points near 43.38,and below the 52wk median, suggesting an expected daily move of $3.79. Put-call skew flattened, suggesting a modestly bullish tone.