Mixed options sentiment in Advanced Micro Devices (AMD), with shares down 2c near $127.08. Options volume roughly in line with average with 522k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.64. Implied volatility (IV30) dropped 2.41 near 39.41,in the bottom quartile of the past year, suggesting an expected daily move of $3.15. Put-call skew steepened, indicating increased demand for downside protection.
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