Mixed options sentiment in Advanced Micro Devices (AMD), with shares up $6.29, or 3.05%, near $212.41. Options volume roughly in line with average with 348k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.77. Implied volatility (IV30) dropped 2.06 near 53.34,and above the 52wk median, suggesting an expected daily move of $7.14. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- Nvidia or AMD: Cathie Wood Trims One Top AI Chip Stock as She Bets on Another
- Do Top Analysts See More Upside in NVDA Stock Despite Rising Competition from Alphabet (GOOGL)?
- GOOGL, META, CRWV, CRCL: Cathie Wood Loads Up on Rising AI and Crypto Stocks, Offloads AMD and Palantir (PLTR)
- Notable open interest changes for November 26th
- ‘Nvidia Is Still the King,’ Says Top Mizuho Analyst Despite Google’s TPU Push
