Investors with a lot of money to spend have taken a bullish stance on Advanced Micro Devices (NASDAQ:AMD).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMD, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for Advanced Micro Devices.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $48,731, and 7, calls, for a total amount of $786,539.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $220.0 for Advanced Micro Devices, spanning the last three months.
Insights into Volume & Open Interest
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 $70.0 to $220.0 in the last 30 days.
Advanced Micro Devices Option Volume And Open Interest Over Last 30 Days
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 | 09/19/25 | $58.2 | $58.15 | $58.15 | $70.00 | $349.4K | 25 | 0 |
| AMD | CALL | TRADE | BULLISH | 09/19/25 | $19.8 | $17.4 | $18.9 | $130.00 | $188.9K | 5.2K | 104 |
| AMD | CALL | SWEEP | BEARISH | 01/17/25 | $6.65 | $6.55 | $6.58 | $120.00 | $63.1K | 11.7K | 108 |
| AMD | CALL | TRADE | BEARISH | 01/16/26 | $6.5 | $6.15 | $6.15 | $220.00 | $61.5K | 4.8K | 100 |
| AMD | PUT | SWEEP | BULLISH | 01/03/25 | $4.35 | $4.2 | $4.2 | $127.00 | $48.7K | 753 | 118 |
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.
Current Position of Advanced Micro Devices With a trading volume of 1,236,120, the price of AMD is down by -1.14%, reaching $123.76. Current RSI values indicate that the stock is may be oversold. Next earnings report is scheduled for 29 days from now. What Analysts Are Saying About Advanced Micro Devices
3 market experts have recently issued ratings for this stock, with a consensus target price of $164.33333333333334.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Mizuho keeps a Outperform rating on Advanced Micro Devices with a target price of $180. * An analyst from B of A Securities downgraded its action to Neutral with a price target of $155. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Advanced Micro Devices, targeting a price of $158.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Advanced Micro Devices options trades with real-time alerts from Benzinga Pro.
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