Saad Ullah
⬤ AMD's stock jumped more than $13 in a single trading session—a solid 6% gain that caught plenty of attention. What made this move even more interesting was the unusual spike in options trading. Traders poured over $20 million into single-leg call options on AMD in just one day, which is a pretty clear sign that people are feeling bullish about where the stock's headed next.
⬤ With the stock pushing past $237, the options market is lighting up. When you see this kind of volume in calls, it usually means traders are expecting more upside. These aren't just small bets either—we're talking about serious money moving into bullish positions, which often happens right before stocks make bigger moves.
⬤ AMD's momentum is hard to ignore right now. The stock is breaking through key resistance levels, and the surge in call options suggests traders are betting on more gains ahead. This could be tied to broader trends in the semiconductor industry or maybe anticipation around AMD's upcoming product launches and announcements.
⬤ The combination of AMD's price rally and the spike in call options activity shows just how closely traders are watching every move. These signals point to what could be a sustained bullish trend, and both options traders and long-term investors will be keeping a close eye on whether this momentum holds up.
Saad Ullah
