thetaOwl
HomeOptionsAMDReports

AMD

Advanced Micro Devices, Inc.Close $258.12EOD only
Max Pain
$225.00
Next expiry Apr 17, 2026
Expected Move
±$8.52
3.3% from close
Price Gap
-33.12
Distance to max pain
IV Rank
95
High premium
P/C OI
1.11
Slightly put-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Apr 15, 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 15, 2026 close
AMD AI Consensus Report
Analysis based on market close April 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.0

out of 10

Score 6 because multiple momentum signals (GEX, bullish flow) align to support the pin and favor premium-selling, but an imminent earnings event and elevated short-term volatility create a single high-impact binary that can negate all positioning quickly; limited downside protection and term-structure tension prevent higher conviction.

Where Perspectives Agree

Consensus view is net bullish with dealer pinning pressure centered near the lower midrange (the market is biased to hold higher levels against a magnet toward the $260–$270 call cluster while structurally anchored nearer the $225 pain point).

Where They Diverge

Earnings-driven volatility is the clearest antagonist: the earnings persona flags a binary event that could both validate a continued pin if IV holds or violently reverse the setup if realized prints/guide disappoint and IV collapses — this directly contradicts the steady bullish continuation implied by flow and GEX. Additionally, if flow shows steady institutional accumulation but theta wants aggressive short-dated premium sales, a sharp pre-earnings spike could blow out short-dated sellers even while longer-dated directional positions remain intact.

Top Trade
via theta

Sell Apr 17 $235/$230 put spread for a net credit (defined-risk premium sale, expires before earnings).

Key Risk

A break and close below $241.27 (the 1-week lower expected move level) would flip dealer gamma from pinning to selling; this would trigger rapid downside acceleration toward the $225 max-pain level and invalidate the bullish/pinning thesis.

Read the AI Analyst Consensus for AMD for 2026-04-15. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.