US Stock Options | PDD, NIO-SW trading volume surges! AMD trading doubles, Alphabet-C plunges
Overnight hottest contracts: Tesla with a strike price of $175, trading over 90,000 contracts. Nio options trading surged to 220,000 contracts, with 77.5% of them being call options; Pinduoduo pre-earnings options trading surged to 160,000 contracts, with 55% being call options. Zillow options contracts saw unusual activity, with over 50,000 call options trading for the May 17th expiration date with a strike price of $55
Overnight, the S&P 500 index hit a new high, with technology stocks showing mixed movements and Chinese concept stocks generally falling.
Overview of US Stock Options Trading
Top ten US stock options trading overnight: Nvidia, Tesla, AMD, Apple, Google Class A, Palantir Technologies, Marathon Digital, Microsoft, Amazon, Meta.
Among them:
Nvidia rose over 1%, with options trading rising to 1.67 million contracts, with 63% being call options. Call options with a strike price of $900 expiring on March 22 traded over 70,000 contracts.
Tesla fell over 1%, with options trading further declining to 1.3 million contracts, with 53% being call options. Call options with strike prices of $175 traded over 90,000 contracts, while put options with strike prices of $165 and $170 each traded over 80,000 contracts.
AMD dropped nearly 5%, with options trading doubling to 1 million contracts, with 60% being call options. Call options with a strike price of $185 traded over 60,000 contracts.
Apple rose over 1%, with options trading falling to 690,000 contracts, with 63% being call options. Call options with a strike price of $175 traded 60,000 contracts.
Google Class A slightly declined, with options trading plummeting to 260,000 contracts, with 63.5% being call options.
Palantir Technologies, Marathon Digital, Microsoft, Amazon, and Meta all had options trading exceeding 200,000 contracts, mainly in call options.
Nio fell over 6%, with options trading surging to 220,000 contracts, with 77.5% being call options.
Pinduoduo slightly declined, with options trading surging to 160,000 contracts, with 55% being call options.
Zillow's options contracts saw unusual activity, with over 50,000 call options with a strike price of $55 expiring on May 17 being traded.