tiprankstipranks
Advertisement
Advertisement

Advanced Micro Devices Options Flash Big Move Before Earnings

Advanced Micro Devices Options Flash Big Move Before Earnings

Advanced Micro Devices ( (AMD) ) has been popular among investors this week. Here is a recap of the key news on this stock.

Claim 55% Off TipRanks

Advanced Micro Devices is heading into its Q1 2026 earnings with options traders braced for a major swing in the share price. At about $360 per share, at-the-money straddles imply roughly a 9.5% move, setting an expected post-earnings range near $326 to $395, and heavy call volume points to a bullish tilt even as pricing mainly reflects volatility.

This elevated expectations backdrop comes as Advanced Micro Devices benefits from excitement around its AI roadmap. A Reddit leak suggests its Ryzen AI Halo mini PC, aimed at small AI developers and featuring a Ryzen AI Max 395+ APU with up to 128 GB LPDDR5X, will launch in June 2026, helping lift the stock 1.01% on Friday and 258.8% over 12 months, although Wall Street’s Moderate Buy rating comes with an average target of about $300, implying potential downside from current levels.

Disclaimer & DisclosureReport an Issue

1