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Barchart
Mark R. Hake, CFA

Heavy Unusual Trading in Call Options of AMD Stock Implies a Bullish Outlook

AMD Advanced Micro Devices Barchart IT Stock Analysis Yahoo Finance

Advanced Micro Devices (AMD) stock has had heavy, unusual trading in short-term out-of-the-money call options today. Based on the company's strong earnings results yesterday, it could be a bullish signal for AMD stock.

AMD is at $201.72 in morning trading, down over 16% after the results release after the market closed yesterday. This heavy call options activity today could potentially indicate that some investors feel this is overdone.

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