Mixed options sentiment in Advanced Micro Devices (AMD), with shares down $3.78 near $180.64. Options volume roughly in line with average with 1.11m contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.7 near 43.62,and below the 52wk median, suggesting an expected daily move of $4.96. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Hold at DZ Bank.
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