Options Traders: Read This AMD Earnings Preview

Group 1 - Advanced Micro Devices Inc (AMD) stock increased by 4% to $173.04 after UBS raised its price target from $150 to $210, marking the highest trading level in nearly a year [1] - AMD has seen significant options activity, with 5,499,770 calls and 2,768,896 puts exchanged in the last 10 sessions, making it the fourth most popular stock in terms of options volume [2] - The stock has experienced a 43% increase in 2025, breaking out of an uptrend channel that began from a 12-month low of $76.48 on April 8 [5] Group 2 - The options market is anticipating a 10.4% price swing following the upcoming earnings report, which is larger than the average move of 6.4% observed over the last two years [7] - AMD's Schaeffer's Volatility Scorecard (SVS) is at 90 out of 100, indicating that the company has consistently outperformed volatility expectations over the past 12 months [8]