Advanced Micro Devices Unusual Options Activity

Advanced Micro Devices Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Advanced Micro Devices.

Looking at options history for Advanced Micro Devices AMD we detected 123 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 49% with bearish.

From the overall spotted trades, 77 are puts, for a total amount of $4,742,954 and 46, calls, for a total amount of $3,011,048.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $100.0 for Advanced Micro Devices over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Advanced Micro Devices options trades today is 9766.98 with a total volume of 1,009,669.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Advanced Micro Devices's big money trades within a strike price range of $50.0 to $100.0 over the last 30 days.

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

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AMD PUT SWEEP BEARISH 01/20/23 $70.00 $337.6K 33.9K 39.2K
AMD CALL SWEEP BULLISH 01/20/23 $85.00 $253.9K 13.8K 2.9K
AMD PUT SWEEP BEARISH 02/17/23 $75.00 $219.6K 32 437
AMD CALL SWEEP BULLISH 01/20/23 $85.00 $172.2K 13.8K 1.3K
AMD CALL SWEEP BEARISH 11/18/22 $50.00 $104.2K 3.5K 134

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AMD PUT SWEEP BEARISH 01/20/23 $70.00 $337.6K 33.9K 39.2K
AMD CALL SWEEP BULLISH 01/20/23 $85.00 $253.9K 13.8K 2.9K
AMD PUT SWEEP BEARISH 02/17/23 $75.00 $219.6K 32 437
AMD CALL SWEEP BULLISH 01/20/23 $85.00 $172.2K 13.8K 1.3K
AMD CALL SWEEP BEARISH 11/18/22 $50.00 $104.2K 3.5K 134

Where Is Advanced Micro Devices Standing Right Now?

  • With a volume of 84,866,161, the price of AMD is up 4.16% at $76.59.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 77 days.

What The Experts Say On Advanced Micro Devices:

  • Deutsche Bank has decided to maintain their Hold rating on Advanced Micro Devices, which currently sits at a price target of $68.
  • Mizuho has decided to maintain their Buy rating on Advanced Micro Devices, which currently sits at a price target of $95.
  • Keybanc has decided to maintain their Overweight rating on Advanced Micro Devices, which currently sits at a price target of $85.
  • UBS has decided to maintain their Neutral rating on Advanced Micro Devices, which currently sits at a price target of $75.
  • Raymond James has decided to maintain their Strong Buy rating on Advanced Micro Devices, which currently sits at a price target of $80.

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.

Posted In: BZI-UOAOptionsMarkets