Looking At Advanced Micro Devices's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity on Advanced Micro Devices (AMD) shows a mix of bullish and bearish sentiment, with a significant number of call options indicating a bullish outlook. Analysts have adjusted their ratings with a price target of $180. AMD's stock is currently trading at $171.38, with an upcoming earnings report in 21 days.
October 08, 2024 | 5:16 pm
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Advanced Micro Devices (AMD) has seen unusual options activity with a slight bullish tilt. Analysts have set a price target of $180, and the stock is currently trading at $171.38. The upcoming earnings report could further influence the stock's direction.
The unusual options activity, with more calls than puts, suggests a bullish sentiment among traders. Analysts' price target of $180 supports this view. The stock's current price and the upcoming earnings report could lead to increased volatility and potential upward movement.
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