FOMO check: Everyone's calling for AMD at $2,000. The stock is up 38% in 4 sessions to $560.
→ It fell 38% from its $649 high on Oct 6 to $404 on Nov 5
→ $2,000 would take another 257% from here, and the stock is still 14% below its high
→ Today's 25 largest options flows: ~$20M in calls vs. ~$4M in puts. The crowd is all on one side.
I think talking about $2,000 after a 38% run in 4 days isn't a price target, it's hype.
Worst case: if AMD slips back below $449, this bounce turns into a bull trap; that's the level I'm watching.
#Stocks #AI
Watching: $AMD
→ It fell 38% from its $649 high on Oct 6 to $404 on Nov 5
→ $2,000 would take another 257% from here, and the stock is still 14% below its high
→ Today's 25 largest options flows: ~$20M in calls vs. ~$4M in puts. The crowd is all on one side.
I think talking about $2,000 after a 38% run in 4 days isn't a price target, it's hype.
Worst case: if AMD slips back below $449, this bounce turns into a bull trap; that's the level I'm watching.
#Stocks #AI
Watching: $AMD
