Market Whales and Their Recent Bets on AMD Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Advanced Micro Devices (NASDAQ:AMD) shows a mixed sentiment among large investors, with a slight bearish tilt. Benzinga's options scanner identified 37 unusual trades, with 48% bearish and 40% bullish sentiment. The trades include significant volumes of both puts and calls, indicating a focus on a price range between $125.0 and $380.0. AMD's stock is currently neutral according to RSI indicators, and analysts have mixed ratings with price targets ranging from $176 to $200.
June 14, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Recent options trading activity on AMD shows a mixed sentiment among large investors, with a slight bearish tilt. Benzinga's options scanner identified 37 unusual trades, with 48% bearish and 40% bullish sentiment. The trades include significant volumes of both puts and calls, indicating a focus on a price range between $125.0 and $380.0.
The identification of 37 unusual options trades with a slight bearish tilt (48% bearish vs. 40% bullish) suggests that large investors are cautious about AMD's short-term prospects. This could lead to downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100