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AMD

Advanced Micro Devices, Inc.Close $278.39EOD only
Max Pain
$240.00
Next expiry Apr 24, 2026
Expected Move
±$15.60
5.6% from close
Price Gap
-38.39
Distance to max pain
IV Rank
100
High premium
P/C OI
1.14
Slightly put-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: Apr 17, 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 17, 2026 close
AMD AI Consensus Report
Analysis based on market close April 20, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
6.5

out of 10

6.5 — signals align on a bullish pin and rich theta but the nearby earnings/event binary and high front-month IV materially raise tail risk, keeping conviction moderate rather than high.

Where Perspectives Agree

Pinning bias toward the $240–$255 area driven by dealer short-gamma and institutional flow; market is biased bullish-to-neutral into near expiries with high premium available to sellers.

Where They Diverge

Earnings/event sensitivity and elevated front-month IV create a direct conflict: directional/dealer pinning assumes orderly move toward the pin, while earnings-term structure and high IV imply a binary reprice that could sharply reverse dealer positioning and wipe out short-vol trades.

Top Trade
via theta

Sell May 8 $255/$250 put spread for a credit (defined-risk theta play that benefits from pinning and rich front-month premium).

Key Risk

A gap-down break below $240 on high-volume or negative earnings/macro print that forces dealer gamma flip — consequence: rapid acceleration toward $220–$215 and invalidation of the pin and short-put structure.

How to Use These Reports
This ai consensus reflects the market close on April 20, 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.