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Mixed options sentiment in Advanced Micro Devices with shares up 1.43%

Mixed options sentiment in Advanced Micro Devices (AMD), with shares up $3.29, or 1.43%, near $233.57. Options volume relatively light with 112k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.72. Implied volatility (IV30) dropped 1.18 near 58.01,in the top quartile of the past year, suggesting an expected daily move of $8.54. Put-call skew flattened, suggesting a modestly bullish tone.

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