NEW YORK (AVAFIN) -- Advanced Micro Devices options set a new 90-day record for the number of call contracts that exchanged
hands between the buyers and the sellers. Aggregate volume of puts was 6,121 and calls
was 48,285 equating to a 0.13 put/call ratio.
Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of
investor behavior. A high put/call ratio suggests that the investor sentiment is bearish and
that investors expect the underlying stock to decrease in value. In contrast, a low put/call
ratio suggests that the investor sentiment is bullish and that the underlying stock is expected
to increase in value. Unusual volume provides reliable clues that the stock is expected to
make a move.
Advanced Micro Devices is trading at $3.95, up $0.22 (5.90%) in today's trading session.
The daily low is $3.75 and the high is $4.02. The trading volume of 55.39M is above
the average volume of 18.67M shares. AMD is trading above the 50 day moving
average and higher than the 200 day moving
average. The stock's 52 week low is $2.26 and 52 week high is $4.65. Performance indicators show that the stock has gained 3.04% within the last quarter.