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Aug 15, 01:55 PM
AMD Jumps to 13-Month High as Options Activity Turns Bullish
Stocks
Business

AMD Jumps to 13-Month High as Options Activity Turns Bullish

Authors
  • *Walter Bloomberg
  • TENET RESEARCH
  • Market Rebellion
6

Advanced Micro Devices shares climbed as much as 5.8% in New York trading on 13 August, touching their highest level since July 2024 and setting a new 52-week peak. The advance extended the chipmaker’s summer rally and outpaced the broader semiconductor sector on the day. Options activity underscored the upbeat tone. Thirty-day implied volatility on AMD stood at 44, around the mid-point of its 52-week range of 35 to 87, while the call-to-put ratio reached 1.8, signalling a tilt toward bullish positioning among derivatives traders.

Written with ChatGPT .

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