ThetaOwl
HomeOptionsAMDReports

AMD

Advanced Micro Devices, Inc.Close $245.04EOD only
Max Pain
$215.00
Next expiry Apr 17, 2026
Expected Move
±$13.72
5.6% from close
Price Gap
-30.04
Distance to max pain
IV Rank
100
High premium
P/C OI
1.10
Slightly put-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Apr 10, 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
Apr 10, 2026 close
AMD AI Consensus Report
Analysis based on market close April 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 8, 2026. A newer ai consensus report is available for April 10, 2026.

View latest report
Conviction
6.0

out of 10

Score 6 because multiple reliable signals align on a short-term pin around $230–235, but the presence of a binary earnings event in ~4 weeks and mixed institutional flow creates asymmetric invalidation risk; that keeps conviction from being higher until the post-earnings reaction or a sustained break above the magnet occurs.

Where Perspectives Agree

Market is being held near a $230–235 magnet by dealer gamma and concentrated call positioning, creating a short-term pin with limited upside and elevated tail risk into earnings.

Where They Diverge

Flow indicates institutional accumulation and large buy-side prints consistent with a bullish continuation, while the earnings-term structure and theta desk signals imply a priced-in post-earnings reversion that would undercut any sustained rally — the earnings event and IV term-structure directly contradict the flow-driven accumulation thesis.

Top Trade
via theta

Sell 5/08 $230/$235 call spread for approx. $1.10 credit (theta play against the pin, defined risk), expiry 5/08

Key Risk

Sustained break and close below $200 (dealer gamma flip level) — trigger: multi-session failure to reclaim $210 with accelerating put-heavy flows — consequence: dealer hedges unwind, pin collapses and downside accelerates toward the $185–$180 gap zone.

Read the AI Analyst Consensus for AMD for 2026-04-08. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.