Advanced Micro Devices Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $95.0 to $105.0 for AMD over the last 3 months. The current price of AMD is up 2.87% at $100.88.
September 28, 2023 | 2:32 pm
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A large investor has taken a bearish stance on Advanced Micro Devices (NASDAQ:AMD), with the overall sentiment among big-money traders being 30% bullish and 69% bearish. The current price of AMD is up 2.87% at $100.88.
The bearish stance taken by a large investor on AMD indicates a potential decrease in the stock's price in the short term. The overall sentiment among big-money traders being more bearish than bullish further supports this prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100