US Stock Options | Market cools down! Tesla, NVIDIA, AMD all see a sharp drop in trading volume!
The hottest overnight contracts are as follows: Apple calls expiring on March 15th with a strike price of $175, with a trading volume of over 130,000 contracts. Tesla with a strike price of $180 had a trading volume of 110,000 contracts, while NVIDIA with a strike price of $900 had a trading volume of less than 50,000 contracts.
Overnight, Meta Platforms led the decline in blue-chip technology stocks, with chip stocks underperforming the market for two consecutive days.
Overview of US Stock Options Trading
Top ten US stock options trading overnight: Tesla, NVIDIA, Apple, AMD, Meta Platforms, Marathon Digital, Palantir, Oracle, Amazon, Pfizer.
Among them:
Tesla rose over 1%, with options trading significantly dropping to 1.59 million contracts, with 57% being call options. Call options with a strike price of $180 expiring on March 15 traded 110,000 contracts, while call options with strike prices of $185 and $190 traded over 70,000 and 60,000 contracts respectively.
NVIDIA fell 2%, with options trading plummeting to 1.35 million contracts, with 60% being call options. Call options with a strike price of $900 traded less than 50,000 contracts.
Apple rose over 1%, with options trading dropping to 930,000 contracts, with 68% being call options. Call options with a strike price of $175 traded over 130,000 contracts, making it the most active contract overnight.
AMD fell over 4%, with options trading plummeting to 700,000 contracts, with 52% being call options.
Meta Platforms dropped over 4%, with options trading slightly dropping to 540,000 contracts, with 67.5% being call options. Call options with a strike price of $500 traded 40,000 contracts.
Marathon Digital plunged 12%, with options trading dropping to 400,000 contracts, with 77.5% being call options.
Palantir, Oracle, Amazon all had options trading exceeding 300,000 contracts, with call options dominating.
Pfizer rose over 4%, with options trading surging to 300,000 contracts, with 73% being call options. Call options with a strike price of $27 traded 40,000 contracts.
Boeing fell over 3%, with options trading surging to 290,000 contracts, with 59% being put options.
Nio rose over 5%, with options trading increasing to 250,000 contracts, with 67% being call options.
TSMC fell over 5%, with options trading halving to 220,000 contracts, with 76.5% being call options.