Check Out What Whales Are Doing With AMD
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in Advanced Micro Devices (AMD) through significant options trading. Analysis reveals 38 unusual trades with a mix of bullish and bearish sentiments. The stock is currently trading at $155.09 with a neutral RSI, and earnings are expected in 7 days. Analysts have issued positive ratings with a consensus target price of $209.

July 23, 2024 | 4:47 pm
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Advanced Micro Devices (AMD) has seen significant options trading activity with a mix of bullish and bearish sentiments. The stock is currently trading at $155.09, and analysts have issued positive ratings with a consensus target price of $209. Earnings are expected in 7 days.
The significant options trading activity, combined with positive analyst ratings and an upcoming earnings announcement, suggests a bullish short-term outlook for AMD. The mix of bullish and bearish sentiments in options trading indicates high interest and potential volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100