Whales with a lot of money to spend have taken a noticeably bearish stance on Advanced Micro Devices.

Looking at options history for Advanced Micro Devices (NASDAQ:AMD) we detected 77 trades.

If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 33 are puts, for a total amount of $2,121,030 and 44, calls, for a total amount of $3,727,344.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $310.0 for Advanced Micro Devices, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Advanced Micro Devices's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Advanced Micro Devices's whale activity within a strike price range from $100.0 to $310.0 in the last 30 days.

Advanced Micro Devices Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

About Advanced Micro Devices

Having examined the options trading patterns of Advanced Micro Devices, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Advanced Micro Devices's Current Market Status

• With a trading volume of 34,794,559, the price of AMD is down by -5.49%, reaching $115.15.
• Current RSI values indicate that the stock is may be approaching oversold.
• Next earnings report is scheduled for 18 days from now.

Professional Analyst Ratings for Advanced Micro Devices

3 market experts have recently issued ratings for this stock, with a consensus target price of $132.33333333333334.

Turn $1000 into $1270 in just 20 days?

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.