A new bearish options bet was placed today at 08:04am PST on AMD by a trader who bought 4700 17 May’19 $22 puts. The total bet is $225K. This trader expects the price of AMD to fall from the current $22.41 to $18 by mid May (or 20% drop).
This is the new position since the Volume is way higher than the Open Interest.
AMD Time and Sales
AMD Options Chain
The weekly chart appears to show a break down from the rising bearish wedge.
AMD, Weekly Chart