Home Options AMDReports

AMD

Advanced Micro Devices, Inc.Close $414.05EOD only

Max Pain

$415.00

Next expiry May 22, 2026

Expected Move

±$24.90

6.0% from close

Price Gap

+0.95

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.08

Balanced positioning

Consensus

7.0/10

Bullish tilt

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects AMD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 19, 2026 close

AMD Flow Report

Analysis based on market close May 15, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from May 15, 2026. A newer flow report is available for May 19, 2026.

View latest report

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 23.8% from MP; +0.5 VIX 18

Watch next session: $430; $440

Flow Summary

Net premium: +$280.7M bullish

P/C volume ratio: 0.86

P/C OI ratio: 1.06

Despite broad market weakness, AMD sees aggressive short-dated OTM call buying, indicating speculative upside bets. Positive gamma and net call premium support pinning near current levels. However, high VIX and elevated put OI warn of downside risk. The flow is mixed but short-term bullish tilt dominates.

Notable Prints

AMD 2026-05-22 $437.50 Call

Vol: 6,603

OI: 217

Vol/OI: 30.4x

IV: 66.4%

Notional: ~$7.5M

Intent: Bullish directional

Dual read: Hedging delta

Read-through: Neutral short-term

AMD 2026-05-29 $255.00 Put

Vol: 10,529

OI: 379

Vol/OI: 27.8x

IV: 98.6%

Notional: ~$158K

Intent: Tail hedge

Dual read: Lottery ticket

Read-through: Bearish tail risk

AMD 2026-09-18 $650.00 Call

Vol: 3,451

OI: 166

Vol/OI: 20.8x

IV: 71.3%

Notional: ~$6.1M

Intent: Long-term bullish

Read-through: Upward bias

AMD 2026-05-15 $432.50 Call

Vol: 8,744

OI: 444

Vol/OI: 19.7x

IV: 19.1%

Notional: ~$35K

Intent: Closing/rolling

Dual read: MM inventory

Read-through: No signal

AMD 2026-05-15 $437.50 Call

Vol: 11,712

OI: 813

Vol/OI: 14.4x

IV: 23.4%

Notional: ~$12K

Intent: Closing/rolling

Dual read: MM inventory

Read-through: No signal

Institutional Positioning

Call additions: Near-expiry OTM 432.5-440C heavy volume; Sep $650C adds

Put additions: Far OTM $255P (5/29) & 427.5P,417.5P volume spikes

GEX/DEX consistency: GEX +$12.6M, DEX +109M shares, both positive

OI clusters: High OI: 440C(2463), 435C(1714), 427.5P(1233)

Hedging evidence: Possible collars via 427.5P & 435C

Max pain context: Spot above MP; gamma pinning, support ~430

Signal vs Noise

~Signal: High vol/oi call clusters near expiry indicate directional bets

~Noise: Far OTM $255P vol likely tail hedges, not directional

Key Conclusions

🟡Positive GEX/DEX and heavy near-expiry call volume suggest pinning near 430-440

🔴Put volume at 427.5 and 417.5 suggests hedging, limiting upside

🟢$281M net premium inflow signals institutional bullish tilt

How to Use These Reports

This flow reflects the market close on May 15, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.