Large Put Buyers in Advanced Micro Devices (AMD)
Advanced Micro Devices (AMD) is trading down .17 to 2.56. AMD is trading .70 for the 52-week low.
Paper bought in two blocks the AMD Feb 3 for .50 in blocks of 2,099 and 1,898. Total volume is over 10,000 contracts on the strike. Open interest is 766 contracts on the strike. The implied volatility is up 4 points in Feb. The trade looks to be a straight put buyer.
30-day implied volatility is 74%. 10-day implied volatility is 27%. 30-day implied volatility is trading well over the 10-day historical volatility.
Sentiment: Strong Sell