Mixed options sentiment in Advanced Micro Devices (AMD), with shares up $1.22, or 0.73%, near $168.35. Options volume relatively light with 595k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.57. Implied volatility (IV30) dropped 3.19 near 39.42,in the bottom quartile of the past year, suggesting an expected daily move of $4.18. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Truist.
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