Mixed options sentiment in Advanced Micro Devices (AMD), with shares up 59c, or 0.27%, near $221.70. Options volume relatively light with 295k contracts traded and calls leading puts for a put/call ratio of 0.71, compared to a typical level near 0.77. Implied volatility (IV30) dropped 0.68 near 49.52,and above the 52wk median, suggesting an expected daily move of $6.92. Put-call skew steepened, indicating increased demand for downside protection.
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