Advanced Micro Devices's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors are showing a bullish stance on Advanced Micro Devices (NASDAQ:AMD) with significant options activity. Benzinga's options scanner detected 11 trades, predominantly calls, indicating a price range of $155 to $200. Analysts have mixed ratings, with price targets ranging from $176 to $200.
June 11, 2024 | 1:45 pm
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Significant options activity detected for AMD, with a majority of trades being bullish. Analysts have mixed ratings, with price targets ranging from $176 to $200.
The detection of 11 options trades, predominantly calls, suggests a bullish sentiment among big-money traders. Analysts' mixed ratings with high price targets further support a positive short-term outlook for AMD.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100