Mixed options sentiment in Advanced Micro Devices with shares down 0.86%

Mixed options sentiment in Advanced Micro Devices (AMD), with shares down $1.02 near $117.47. Options volume running well above average with 399k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.63. Implied volatility (IV30) dropped 0.44 near 38.43,in the lowest 10% of observations over the past year, suggesting an expected daily move of $2.84. Put-call skew steepened, indicating increased demand for downside protection.