Schaeffers Investment Researchยท2025-11-20 18:12Core Insights - Nvidia's earnings report has positively impacted many Big Tech companies, but Advanced Micro Devices Inc (AMD) and Micron Technology Inc (MU) are experiencing declines despite renewed optimism in AI trade [1] AMD Summary - AMD shares are down 6% to $209.05, marking a sixth consecutive daily drop and pulling back from an all-time high of $267.08 reached on October 29, although it still shows a 73% year-to-date gain [2] - Bearish sentiment towards AMD has increased, with its 10-day put/call volume ratio ranking higher than 96% of annual readings, indicating a rise in bearish bets [3] MU Summary - Micron Technology Inc (MU) is down 7.7% to $208.48, on track for its fourth consecutive negative session, while still maintaining a significant year-to-date gain of 150.2% from its record high of $260.58 on November 17 [4] - Options activity for MU has been notably high, with 156,000 calls and 152,000 puts traded, which is double the typical volume, particularly with new positions being opened in the weekly 11/28 220-strike put [5]