Moderately bullish activity in Advanced Micro Devices (AMD), with shares up $1.62, or 0.94%, near $173.91. Options volume roughly in line with average with 509k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.98 near 42.84,and below the 52wk median, suggesting an expected daily move of $4.69. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Hold at DZ Bank.
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