Options Market Statistics: AMD Stock Falls on Tariff Worries
$Advanced Micro Devices(AMD)$ 's stock fell 8% on Thursday. The most traded puts are contracts of $30 strike price that expire on Jun 20 and the total volume reaching 35,039 with the open interest of 1,495.
AMD's stock jumped yesterday after Trump said there would be a 90-day pause on tariffs for countries other than China. But today, the stock fell back after the White House explained that the 125% tariff Trump mentioned would be added on top of an existing 20% tax on Chinese goods.
Also, on top of the trade worries, investors are also nervous since its supply depends on $Taiwan Semiconductor Manufacturing(TSM)$ .
@TigerStars @CaptainTiger @TigerWire @Daily_Discussion @Tiger_chat @Tiger_comments @MillionaireTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments