Options Traders Are Going to Like This AMD-Intel Rumor

Group 1 - Intel has re-entered the semiconductor conversation through a partnership with Nvidia, but Advanced Micro Devices Inc (AMD) is also gaining attention as its stock trades at its highest level since late August, up 5.8% to $170.15 after reports of Intel considering AMD as a foundry customer [1] - AMD has consistently appeared on the list of equities with the highest options volume, with 4,490,161 calls and 1,939,393 puts in the last 10 sessions, indicating strong interest from options traders [2][3] - The stock has experienced monthly losses in August and September but remains in an uptrend since hitting a two-year low of $76.48 on April 6 [5] Group 2 - The current options environment for AMD is favorable, with a Schaeffer's Volatility Index (SVI) of 47% in the 19th percentile of annual readings, suggesting low volatility expectations [7] - AMD's Schaeffer's Volatility Scorecard (SVS) is 93 out of 100, indicating that the stock has historically outperformed volatility expectations over the past year [7]