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AMD monster insider trade earns trader $18 million in 48 hours

An unusually timed options trade on Advanced Micro Devices (NASDAQ: AMD) has seen an investor turn a 6millionbetintoanestimated6 million bet into an estimated 18 million profit in just two days.On October 2, options tracker Cheddar Flow flagged a massive purchase of more than $6 million in out-of-the-money AMD call options, describing the move as “super unusual.”AMD call options. Source: Cheddar Flow Less than 48 hours later, OpenAI announced a 10% strategic stake in AMD as part of a wide-ranging partnership to supply advanced AI ...