AMD (NASDAQ: AMD) May 8 weekly call option implied volatility is at 87, May is at 75; compared to its 52-week range of 39 to 74 .Call put ratio 2.5 calls to 1 put with a focus on a spreader of 25000 contracts of June 250 calls and 32750 contracts of June 320 calls into the expected release of quarter results after the bell on May 5.