Advanced Micro Devices Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Advanced Micro Devices (AMD) has seen unusual options activity, with a significant number of bearish positions taken by large investors. This suggests potential volatility in AMD's stock price. The options activity includes 18 notable trades, with a mix of puts and calls, indicating a divided sentiment among investors. The price targets for these options range from $105 to $150.
September 10, 2024 | 1:48 pm
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Advanced Micro Devices has experienced unusual options activity, with a significant number of bearish positions. This could indicate potential volatility in the stock price, as large investors are divided in their sentiment.
The unusual options activity, particularly the high number of bearish positions, suggests that investors are anticipating potential downside or volatility in AMD's stock price. The divided sentiment among investors, with a slight bearish tilt, further supports this outlook. The significant volume and open interest in these options indicate that large investors are actively positioning themselves for potential price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100