AMD AMD options offer high-liquidity exposure to the semiconductor sector with significant volatility, AI chip competition dynamics, and dramatic earnings reactions.

AMD's position as NVIDIA's primary competitor in AI/data center GPUs creates unique options dynamics tied to AI narrative shifts and product cycle announcements.

AMD Options Characteristics

Avg Daily Volume

1.2M+ contracts

Typical Spread

$0.02-0.08

Typical IV Rank

35-65%

Expirations

Weekly, Monthly, Quarterly, LEAPS

Price Range

$100-180

Correlation

High correlation with semiconductors (SMH) and NVDA

Best Strategies for AMD

Iron Condors

Elevated premium from high IV environment

Bull Call Spreads

Directional AI chip thesis with defined risk

Strangles (long)

Capture large moves around product launches

Calendar Spreads

Exploit earnings IV term structure

Vertical Spreads

Defined-risk plays on support/resistance

The AI Chip Challenger

AMD options trade over 1M contracts daily, making it one of the most active single-stock options. Earnings and product launches can move the stock 8-15%, creating opportunities for both premium sellers and directional traders.

AMD Options FAQ

Why is AMD options volume so high?

AMD is central to the AI chip narrative, competing directly with NVIDIA. High retail interest, AI momentum trades, and sector correlation create massive daily volume exceeding 1M contracts.

How does AMD move relative to NVIDIA?

AMD and NVDA are highly correlated but AMD typically has higher beta — it moves more on percentage terms. NVDA earnings can move AMD significantly. Consider this correlation when positioning.