US Stock Options | Tesla, NVIDIA not so hot anymore? SoFi, Lucid stock prices surge, options trading also skyrockets!
The trading volume of Sofi Tech options surged to 1.35 million contracts, while Lucid's trading volume also surged to 360,000 contracts, with bullish options accounting for 70%. However, the hottest contract overnight is still Tesla's, with over 160,000 contracts traded for the February 2nd expiration and a strike price of $190!
Overnight, the three major U.S. stock indexes closed higher, with technology stocks rising overall and Chinese concept stocks falling.
Overview of U.S. Stock Options Trading
The top ten U.S. stock options trading on the day were: Tesla, Sofi Tech, Nvidia, Apple, AMD, Amazon, Marathon Digital, Lucid, Microsoft, and Rivian Automotive.
Among them:
Tesla rose more than 4%, and options trading further declined to 2.2 million contracts, with call options accounting for 54%. Call options with a strike price of $190 and an expiration date of February 2nd traded over 160,000 contracts, while put options with a strike price of $185 traded over 100,000 contracts.
Sofi Tech surged more than 20%, and options trading skyrocketed to 1.35 million contracts, with call options accounting for 70%. Call options with a strike price of $9 traded 140,000 contracts, while call options with a strike price of $10 traded over 100,000 contracts.
Nvidia rose more than 2%, and options trading significantly declined to 670,000 contracts, with call options accounting for 60%.
Apple slightly declined, and options trading declined to 540,000 contracts, with call options accounting for 57%.
AMD slightly rose, and options trading significantly declined to 490,000 contracts, with call options accounting for 62.5%.
Amazon rose more than 1%, and options trading declined to 430,000 contracts, with call options accounting for 63.6%.
Lucid surged 27% overnight, and options trading also surged to 360,000 contracts, with call options accounting for about 70%. Call options with a strike price of $3.5 traded over 50,000 contracts.
Alibaba fell less than 1%, and options trading reached 200,000 contracts, with call options accounting for 76%.
