Moderately bullish activity in Advanced Micro Devices (AMD), with shares up $11.74, or 5.72%, near $217.11. Options volume running well above average with 483k contracts traded and calls leading puts for a put/call ratio of 0.77, compared to a typical level near 1.09. Implied volatility (IV30) is higher by 0.4 points near 51.54,and above the 52wk median, suggesting an expected daily move of $7.05. Put-call skew flattened, suggesting a modestly bullish tone.
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