This Is What Whales Are Betting On Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Advanced Micro Devices (NASDAQ:AMD) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split, with 53% bullish and 46% bearish. The whales have been targeting a price range from $95.0 to $115.0 for AMD over the last 3 months. The price of AMD is currently up 1.96% at $107.16.
October 16, 2023 | 3:31 pm
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A large investor has taken a bullish stance on Advanced Micro Devices, indicating potential positive movement in the short term. The targeted price range is $95.0 to $115.0.
The bullish stance taken by a large investor, as indicated by a significant position in AMD's options, suggests confidence in the company's performance. This could lead to positive movement in the stock's price in the short term. The targeted price range further indicates where the investor expects the stock to move.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100