thetaOwl

AMD

Advanced Micro Devices, Inc.Close $447.58EOD only
Max Pain
$415.00
Next expiry May 22, 2026
Expected Move
±$24.20
5.4% from close
Price Gap
-32.58
Distance to max pain
IV Rank
56
Middle-high premium
P/C OI
1.08
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: May 20, 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 20, 2026 close
AMD AI Consensus Report
Analysis based on market close May 15, 2026

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 ai consensus report is available for May 20, 2026.

View latest report
Conviction
6.5

out of 10

6.5 not 7.5 because the spot is 23% above max pain and earnings are 3 months away — current pin may be temporary and a mean reversion could invalidate the bullish tilt.

Where Perspectives Agree

Bullish pin near $430-440 supported by dealer long gamma, aggressive call buying, and earnings optimism — all personas expect range-bound action between $381 and $467.

Where They Diverge

Directional notes spot far above max pain ($342) implying mean reversion risk, while flow shows put hedging limiting upside — contradicts the bullish continuation thesis above $440.

Top Trade
via theta

Sell 2026-06-05 $390/$365 put spread for $0.85 credit — defined risk, bullish bias, profits from pin at $430-440.

Key Risk

Break below $381 support flips dealer gamma long and triggers stop-loss cascade — downside accelerates to $342 max pain.

How to Use These Reports
This ai consensus 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.