Replies to post #17274 on Advanced Micro Devices Inc (AMD)

[I_banker]

Unless one were very wealthy, taking a 35K bet on such a short expiration date would be silly. I believe the $350 is probably the correct number. It's more like betting on your favorite team in a football game.

[HailMary]

I'm not that guy on SI, but when he posted his trade I checked livecharts just to see if it was BS or not, and indeed 1000 contracts traded at $.45. If you look today, they are going for .80 or more. That guy has some cahones, and he is extremely lucky this time around. I'm not sure where you got your volume data, but it appears to be wrong. It is likely you are seeing the volume for only one of the exchanges that options are traded on.

HailMary