Notable Thursday Option Activity: AMD, LCID, HVT

Advanced Micro Devices Inc (AMD) experienced significant options trading volume on Thursday, with 288,647 contracts changing hands, representing approximately 28.9 million underlying shares. This volume equaled roughly 120.2% of AMD's average daily trading volume over the past month, which stood at 24.0 million shares. Trading was especially concentrated in the $500 strike call options expiring on August 28, 2026, where 25,669 contracts traded, equivalent to about 2.6 million underlying shares. Alongside AMD, notable options activity was observed across other Russell 3000 constituents, including Lucid Group Inc (LCID). Lucid saw 113,937 contracts traded, representing 11.4 million underlying shares or 115% of its 30-day average daily volume, led by the $5.50 strike call option. The elevated call volume in AMD reflects active derivative positioning and heightened short-term speculative or hedging interest in the semiconductor stock around key strike levels. Increased options flow often signals traders anticipating near-term volatility or repositioning ahead of impending market catalysts.