Cash-Secured Put Entries on Mega Caps
Cash-Secured Put8 trades pass on AMD
- Annualized return
- 10.0% to 22.1%
- Probability of profit
- 85.8% to 96.3%
Advanced Micro Devices Inc · Technology
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AMD last closed at $534.06 with 30-day implied volatility of 66.6%. That is in the upper half of its one-year range (IV rank 52), so premiums are somewhat richer than usual for AMD. Measured by IV percentile, IV is higher than 73% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $98.67, or 18.5%.
The price is above its 200-day moving average (+26.9%) but below its 50-day (-3.5%), a pullback inside a longer uptrend. It is 17.8% below its 52-week high and 179.7% above its 52-week low. The 14-day RSI of 50.4 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $41.97, about 7.9% of the price, a measure of a typical day's range.
Option volume at the close (694K contracts) was 1.2x its average, close to normal. A beta of 3.41 means AMD has tended to move about 3.4 times as much as the broad market. 4 of our preset screens found trades on AMD at the close, led by Cash-Secured Put Entries on Mega Caps with 8 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Nov 16, 20263 days | 60.6% | ±$29.33 (5.5%) | $504.73 to $563.39 | $23.42 |
| Dec 11, 202628 days | 66.7% | ±$98.67 (18.5%) | $435.39 to $632.73 | $78.55 |
| Jan 15, 202763 days | 62.1% | ±$137.86 (25.8%) | $396.20 to $671.92 | $109.05 |
| Feb 19, 202798 days | 63.0% | ±$174.39 (32.7%) | $359.67 to $708.45 | $137.43 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for AMD from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
8 trades pass on AMD
6 trades pass on AMD
6 trades pass on AMD
4 trades pass on AMD
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.