Mixed options sentiment in Advanced Micro Devices (AMD), with shares up $1.57, or 0.78%, near $204.25. Options volume relatively light with 359k contracts traded and calls leading puts for a put/call ratio of 0.73, compared to a typical level near 1.12. Implied volatility (IV30) dropped 0.51 near 53.5,and above the 52wk median, suggesting an expected daily move of $6.88. Put-call skew steepened, indicating increased demand for downside protection.
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