Financial giants have made a conspicuous bearish move on Advanced Micro Devices. Our analysis of options history for Advanced Micro Devices (NASDAQ:AMD) revealed 16 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $434,230, and 10 were calls, valued at $473,774.
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 $120.0 to $380.0 for Advanced Micro Devices over the last 3 months.
Volume & Open Interest Development
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 $120.0 to $380.0 in the last 30 days.
Advanced Micro Devices 30-Day Option Volume & Interest Snapshot
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 | 09/20/24 | $0.4 | $0.38 | $0.4 | $160.00 | $136.0K | 38.2K | 30 |
| AMD | PUT | SWEEP | BULLISH | 11/15/24 | $2.17 | $2.16 | $2.17 | $120.00 | $114.8K | 11.6K | 549 |
| AMD | PUT | TRADE | BULLISH | 06/18/26 | $232.9 | $228.05 | $228.15 | $380.00 | $114.0K | 0 | 5 |
| AMD | PUT | TRADE | BEARISH | 12/20/24 | $13.85 | $13.75 | $13.85 | $150.00 | $63.7K | 5.8K | 115 |
| AMD | PUT | SWEEP | BULLISH | 06/20/25 | $30.85 | $30.7 | $30.7 | $165.00 | $61.4K | 3.9K | 20 |
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.
Present Market Standing of Advanced Micro Devices
- Currently trading with a volume of 4,744,009, the AMD's price is down by -0.78%, now at $149.65.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 41 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.