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$Advanced Micro Devices (AMD.US)$ I was listening to Pete Ni...

$Advanced Micro Devices (AMD.US)$ I was listening to Pete Nigerian, Monday there was a 12,000 contract purchase at 156 for Friday expiration they cashed out half and they rolled it to 165 for next week for another 12000 contracts. this is huge money moving into AMD. this is enormous hedge funds making a bet on Nvidia and it's anybody's guess what Nvidia is going to say about forward guidance. you have to extrapolate maybe they're looking for a miss from Nvidia on forward guidance because of a delay and how sentiment will shift towards AMD. or maybe they think Nvidia is going to knock the cover off the ball and the rising tide is going to lift All ships. I don't know because I'm not the fly on the wall. but I will tell you AMD has never had this amount of call options bought for such a short expiration period.
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    35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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