Advanced Micro Devices Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Advanced Micro Devices (NASDAQ:AMD), with 55% of investors having bullish expectations and 45% bearish. Whales have targeted a price range of $50 to $280 for AMD over the last 3 months. The stock is currently up 0.12% at $119.61, and B of A Securities maintains a Neutral rating with price targets of $135, $120, and $105.
June 02, 2023 | 5:01 pm
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Advanced Micro Devices has seen unusual options activity, with a majority of investors being bullish. The stock is up 0.12% at $119.61, and B of A Securities maintains a Neutral rating.
The unusual options activity in AMD indicates increased interest from investors, but the mixed sentiment (55% bullish and 45% bearish) suggests uncertainty in the stock's short-term direction. B of A Securities' Neutral rating also supports a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100