US Stock Options | Crazy! Tesla, Meta Platforms, NVIDIA, Apple all traded surged to over 2 million contracts!
Last Friday, the trading volume of Tesla options doubled to 2.94 million contracts, with a call option ratio of 55.7%. Call options with a strike price of $185 and $187.5 that expired on the same day traded over 250,000 contracts and 210,000 contracts respectively. The trading volume of Meta options surged to 2.38 million contracts, with call options accounting for 60%.
Last Friday, SPDR S&P 500 and Dow Jones both hit record highs, with mixed performance in tech stocks and a decline in Chinese concept stocks.
Overview of US Stock Options Trading
The top ten US stock options trading on that day were: Tesla, Meta, Nvidia, Apple, Amazon, AMD, Google Class A, Microsoft, Palantir, and Google Class C.
Among them:
Tesla slightly declined, with options trading doubling to 2.94 million contracts, and bullish options accounted for 55.7%. On that day, call options with expiration dates and strike prices of $185 and $187.5 respectively traded over 250,000 contracts and 210,000 contracts.
Meta surged 20%, with options trading skyrocketing to 2.38 million contracts, and bullish options accounted for 60%. Call options with a strike price of $475 traded over 70,000 contracts.
Nvidia rose 5%, with options trading doubling to 2.3 million contracts, and bullish options accounted for 60%. Call options with a strike price of $660 traded over 70,000 contracts.
Apple slightly declined, with options trading doubling to 2.07 million contracts, and bullish options accounted for 57%. Call options with a strike price of $185 traded over 110,000 contracts.
Amazon rose 8%, with options trading surging to 1.84 million contracts, and bullish options accounted for 69%. Call options with a strike price of $170 traded over 80,000 contracts.
AMD rose over 4%, with options trading increasing to 1.25 million contracts, and bullish options accounted for 61.5%. Call options with a strike price of $177.5 traded 130,000 contracts.
Options trading for Google Class A and Microsoft both surged to over 600,000 contracts, with bullish options dominating.
Alibaba dropped nearly 1%, with options trading returning to over 200,000 contracts, and bullish options accounted for 76%.