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Benzinga
Benzinga
Business
Craig Jones

MYSTERIOUS: Advanced micro devices will june be as hot as may - What They Never Told You

Advanced Micro Devices AMD Nasdaq Michael Khouw

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) exited May with gains of more than 19%, making it the best performing S&P 500 chip stock.

On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that the stock traded 1.5 times its average daily call volume on Tuesday. Calls outpaced puts by 2:1, he added.

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