Largest Tracked AMD Long Account Carries a $419,100 Unrealized Loss

Advanced Micro Devices (AMD) rose 2.4% to about $478 before Tuesday's U.S. open as investors awaited results due after the close and an update on its AI server business.

The tracked set included 27 addresses with AMD positions valued above $100,000. Nine long positions totaled about $5.82 million, while 18 short positions totaled about $6.13 million. Their weighted average entry prices were $522.58 for longs and $522.37 for shorts.

Two of the nine long accounts were profitable, compared with 15 of the 18 short accounts. The largest long, address 0xfd6a, was valued at about $4.05 million and showed an estimated $419,100 unrealized loss. It used 10x isolated leverage and had an estimated liquidation price of $416.06.

AMD's third-quarter results were due after the U.S. market closed Tuesday. The company's guidance called for $13 billion in revenue, plus or minus $300 million, and a non-GAAP gross margin of about 56%. Its earnings call was scheduled for 5 p.m. ET (22:00 UTC).

AMD confirmed Oct. 27 that its first Helios racks had been installed at Meta for testing. Deployment timing and early profitability are expected to be topics of interest on the call.

Near Monday's close, AMD's Nov. 4 $467.50 call and put carried a combined premium of about $42.55 per share. For a buyer who purchased both the call and put and held them through expiration, the break-even levels were $424.95 and $510.05.