AMD Shares Down with Mixed Options Sentiment
Mixed options sentiment in Advanced Micro Devices (AMD), with shares down 58c near $277.68. Options volume running well above average with 289k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.9. Implied volatility (IV30) dropped 2.54 near 57.66,in the top quartile of the past year, suggesting an expected daily move of $10.09. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Advanced Micro Devices (AMD) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
