Moderately bullish activity in Advanced Micro Devices (AMD), with shares up $5.17, or 4.45%, near $121.36. Options volume roughly in line with average with 499k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 0.6 points near 40.49,in the bottom quartile of the past year, suggesting an expected daily move of $3.10. Put-call skew flattened, suggesting a modestly bullish tone.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMD:
- AMD Stock Jumps on New Ryzen Xbox Gaming Chips
- Early notable gainers among liquid option names on June 9th
- AMD price target raised to $140 from $120 at Cantor Fitzgerald
- AMD price target raised to $120 from $100 at Citi
- AMD’s AI Product Launches and Market Position: Navigating Challenges and Opportunities
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue