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AMD

Advanced Micro Devices, Inc.Close $467.51EOD only
Max Pain
$400.00
Next expiry May 29, 2026
Expected Move
±$33.20
7.1% from close
Price Gap
-67.51
Distance to max pain
IV Rank
65
High premium
P/C OI
1.09
Balanced positioning
Consensus
7.5/10
Bullish tilt
Published snapshot: May 22, 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 22, 2026 close
AMD AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 22, 2026.

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Conviction
6.0

out of 10

Score 6 because positioning and positive GEX create a clear magnet that boosts short-term edge, but elevated IV and an impending earnings-driven re-pricing materially raise tail risk and reduce confidence; mixed institutional flow prevents higher conviction.

Where Perspectives Agree

Market positioning and dealer gamma are currently pinning shares into the $220–$230 area, creating a short-gamma environment that amplifies moves and makes defined-risk premium selling the highest-probability edge over the near term.

Where They Diverge

Earnings/IV term-structure introduces a binary that directly undermines short-premium and directional continuation plays: elevated short-dated IV and skew indicate the market is pricing a post-earnings re-pricing, which conflicts with the theta/directional recommendation to collect premium into expiration. Additionally, flow signals (mixed) suggest institutional activity is not uniformly accumulation — some desks are buying protection while others are selling calls, an active contradiction to a pure bullish continuation thesis.

Top Trade
via theta

Sell 2026-04-17 $215/$205 put spread for a net credit (theta play) — defined-risk premium sell capturing pin support into near-term expiry.

Key Risk

A decisive, sustained break and daily close below $205 (within 48 hours) that coincides with a spike in sell-side flow — triggers dealer hedging shift, removes the gamma pin, and accelerates downside toward $185–$180 support, invalidating the short-premium/continuation thesis.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.