AMD Options
AMD $534.22 · Updated Oct 26, 4:00 PM ET
AMD is at $534.22. The nearest expiration, Oct 28, 2026 (2 days out), lists 125 strikes, with 35,981 calls and 23,148 puts traded in the latest session. At-the-money implied volatility is 60.0%. The at-the-money straddle prices a move of about $19.20 (3.6%) by expiration.
AMD Options Chain
AMD is at $534.22. The nearest expiration, Oct 28, 2026 (2 days out), lists 125 strikes, with 35,981 calls and 23,148 puts traded in the latest session. At-the-money implied volatility is 60.0%. The at-the-money straddle prices a move of about $19.20 (3.6%) by expiration.
AMD Gamma Exposure (GEX)
AMD total dealer gamma exposure is -$3M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $522.60, with spot 2.2% above it. The call wall is $600.00 and the put wall $500.00.
AMD Max Pain
AMD max pain for Oct 28, 2026 (2 days out) is $527.50, 1.3% below the current $534.22. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $545.00.
AMD Put/Call Ratio
Across every listed AMD expiration, the put/call ratio is 0.67 by volume and 1.16 by open interest. More calls than puts are trading. 1,104,371 puts and 954,573 calls are open in total.
AMD Implied Volatility
AMD at-the-money implied volatility is 60.0% for Oct 28, 2026 (2 days out). For Nov 27, 2026 it is 59.8%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
AMD Open Interest by Strike
Across all AMD expirations, the largest call open interest near the current $534.22 sits at the $600.00 strike (33,386 contracts) and the largest put open interest at $500.00 (30,616). 954,573 calls and 1,104,371 puts are open in total.
AMD Expected Move
The options market prices AMD to move about $19.20 (3.6%) by Oct 28, 2026, a range of $515.02 to $553.42. For Nov 27, 2026 (32 days out) the expected move is $75.13 (14.1%).