US Stock Options | NVIDIA and Tesla both traded over 2 million contracts! AMD and Apple are also going crazy.

LB Select
2024.03.04 08:03
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The hottest overnight contracts: Nearly 230,000 contracts were traded for AMD calls with a strike price of $200! Tesla calls with strike prices of $200 and $202.5 both traded over 200,000 contracts. New York Community Bancorp's stock price plummeted by 26%, but options trading surged to 440,000 contracts, with put options accounting for 73.4%.

Last Friday, the three major U.S. stock indexes closed higher, with chip stocks outperforming the market while bank stocks suffered.

Overview of U.S. Stock Options Trading

The top ten U.S. stock options traded last Friday were: NVIDIA, Tesla, AMD, Apple, Meta, Palantir Tech, Amazon, Marathon Digital, New York Community Bank, and Microsoft.

Specifically:

  • NVIDIA rose by 4%, with options trading of 2.28 million contracts, and call options accounting for 57.9%. Nearly 190,000 call options with a strike price of $820 and expiring on the same day were traded.

  • Tesla saw a slight increase, with options trading of 2.18 million contracts, and call options accounting for 64.6%. Call options with strike prices of $200 and $202.5 both traded over 200,000 contracts.

  • AMD surged over 5%, with options trading of 1.94 million contracts, and call options accounting for 65.7%. Nearly 230,000 call options with a strike price of $200 were traded.

Apple experienced a slight decline, with options trading of 1.8 million contracts, and call options accounting for 62.7%. Over 90,000 call options with a strike price of $180 and expiring on March 8th were traded.

Meta rose nearly 3%, with options trading of 700,000 contracts, and call options accounting for 66.2%. Nearly 90,000 call options with a strike price of $500 were traded.

Palantir Tech and Amazon both traded over 500,000 contracts, mainly in call options.

Marathon Digital surged over 4%, with options trading of nearly 500,000 contracts, and call options accounting for 68.4%.

New York Community Bank plummeted by 26%, with options trading surging to 440,000 contracts, and put options accounting for 73.4%. Nearly 80,000 put options with a strike price of $2.5 and expiring on March 15th were traded.

Nio saw a slight increase, with options trading of 265,000 contracts, and call options accounting for 62%.

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