Smart Money Is Betting Big In AMD Options
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on AMD, with 46% of options trades showing bearish tendencies. Despite this, significant investors are targeting a price range of $130 to $210. Analysts have issued mixed ratings, with a consensus target price of $188.

October 14, 2024 | 2:45 pm
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Financial giants are making bearish moves on AMD, with 46% of options trades showing bearish tendencies. Analysts have mixed ratings, with a consensus target price of $188.
The article highlights a bearish sentiment among financial giants towards AMD, with 46% of options trades being bearish. This suggests a potential short-term negative impact on AMD's stock price. Additionally, analysts have issued mixed ratings, with a consensus target price of $188, which is below the current trading price of $166.58. This further supports the likelihood of a short-term price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100