Financial giants have made a conspicuous bearish move on Advanced Micro Devices. Our analysis of options history for Advanced Micro Devices AMD revealed 33 unusual trades.
Delving into the details, we found 36% of traders were bullish, while 51% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $591,721, and 21 were calls, valued at $1,330,164.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $138.0 to $250.0 for Advanced Micro Devices over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Advanced Micro Devices stands at 3906.39, with a total volume reaching 95,027.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Advanced Micro Devices, situated within the strike price corridor from $138.0 to $250.0, throughout the last 30 days.
Advanced Micro Devices Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMD | CALL | SWEEP | BULLISH | 06/21/24 | $5.3 | $5.25 | $5.3 | $155.00 | $265.0K | 8.5K | 1.4K |
| AMD | PUT | SWEEP | BULLISH | 05/10/24 | $4.05 | $3.95 | $3.95 | $146.00 | $145.3K | 519 | 0 |
| AMD | CALL | SWEEP | BULLISH | 05/17/24 | $3.55 | $3.5 | $3.55 | $147.00 | $126.0K | 874 | 352 |
| AMD | CALL | TRADE | BULLISH | 06/20/25 | $18.1 | $17.5 | $18.27 | $190.00 | $100.4K | 2.3K | 0 |
| AMD | CALL | TRADE | NEUTRAL | 06/20/25 | $18.1 | $17.5 | $17.83 | $190.00 | $99.8K | 2.3K | 167 |
About Advanced Micro Devices
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.
In light of the recent options history for Advanced Micro Devices, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Advanced Micro Devices Standing Right Now?
- With a trading volume of 12,693,933, the price of AMD is down by -1.48%, reaching $142.13.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 89 days from now.
Expert Opinions on Advanced Micro Devices
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $195.6.
- In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $200.
- An analyst from Rosenblatt has decided to maintain their Buy rating on Advanced Micro Devices, which currently sits at a price target of $250.
- Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Advanced Micro Devices, targeting a price of $177.
- An analyst from Citigroup persists with their Buy rating on Advanced Micro Devices, maintaining a target price of $176.
- An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $175.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Advanced Micro Devices, Benzinga Pro gives you real-time options trades alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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