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Moderately bullish activity in Advanced Micro Devices with shares up 0.74%

Moderately bullish activity in Advanced Micro Devices (AMD), with shares up $1.51, or 0.74%, near $206.19. Options volume running well above average with 320k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.91 near 52.37,and above the 52wk median, suggesting an expected daily move of $6.80. Put-call skew flattened, suggesting a modestly bullish tone.

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