Bullish flow in Advanced Micro Devices (AMD), with shares up 12c, or 0.09%, near $143.81. Options volume running well above average with 837k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 0.1 points near 41.92,and below the 52wk median, suggesting an expected daily move of $3.80. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Melius Research.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- AMD Announces New Technology That Reduces Graphics Card Load
- Do Analysts Expect AMD Stock to Move Higher on AI Demand?
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- “Seriously Competitive Gaming Performance”: Intel Stock (NASDAQ:INTC) Slips Despite New Potential Gaming Win
- HPE expands ProLiant Gen12 server portfolio