Advanced Micro Devices's Options Frenzy: What You Need to Know

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

Looking at options history for Advanced Micro Devices (NASDAQ:AMD) we detected 19 trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $952,581 and 11, calls, for a total amount of $730,289.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $200.0 for Advanced Micro Devices over the recent three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Advanced Micro Devices options trades today is 5902.12 with a total volume of 5,135.00.

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 $85.0 to $200.0 over 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 PUT TRADE BEARISH 12/18/26 $100.0 $99.35 $100.0 $200.00 $500.0K 461 50
AMD CALL SWEEP BULLISH 03/21/25 $2.8 $2.77 $2.8 $100.00 $173.6K 18.4K 180
AMD PUT TRADE BEARISH 12/18/26 $100.2 $98.85 $100.0 $200.00 $170.0K 461 117
AMD CALL SWEEP NEUTRAL 03/28/25 $2.76 $2.75 $2.75 $102.00 $132.3K 1.7K 806
AMD CALL TRADE BEARISH 08/15/25 $3.75 $3.65 $3.69 $130.00 $110.7K 2.9K 321

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. AMD's traditional strength was in central processing units and graphics processing units 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 leader Xilinx to diversify its business and augment its opportunities in key end markets such as 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 With a volume of 6,823,217, the price of AMD is up 2.56% at $100.62. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 46 days. What Analysts Are Saying About Advanced Micro Devices

2 market experts have recently issued ratings for this stock, with a consensus target price of $145.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Mizuho persists with their Outperform rating on Advanced Micro Devices, maintaining a target price of $120. * An analyst from Benchmark downgraded its action to Buy with a price target of $170.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Advanced Micro Devices with Benzinga Pro for real-time alerts.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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