Advanced Micro Devices Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Advanced Micro Devices (NASDAQ:AMD), with 13 options trades spotted, 76% bullish and 23% bearish. Whales have been targeting a price range of $90 to $150 for AMD over the last 3 months. The stock is currently up 0.2% at $118.17.

June 06, 2023 | 1:46 pm
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Advanced Micro Devices (AMD) experiences unusual options activity, with 76% bullish and 23% bearish sentiment. The stock is up 0.2% at $118.17.
The unusual options activity indicates that big-money traders are taking a bullish stance on AMD, which could lead to a short-term increase in the stock price. The stock is currently up 0.2% at $118.17, and the whales' targeted price range of $90 to $150 suggests potential for further growth. However, the 23% bearish sentiment should also be considered, as it indicates some uncertainty in the market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100