US Stock Options | Pinduoduo's trading volume doubles, Micron Technology soars! Is NVIDIA options cooling off?
Pinduoduo options trading doubled to 380,000 contracts, with 66% being call options; Marathon Digital options trading doubled to 430,000 contracts, with 70% being call options! The hottest overnight contract: Tesla call options expiring on March 22nd with a strike price of $175, trading 215,000 contracts!
Overnight, the three major US stock indexes collectively closed higher, with technology stocks and Chinese concept stocks generally rising.
Overview of US Stock Options Trading
The top ten US stock options trading overnight: Tesla, NVIDIA, AMD, Apple, Marathon Digital, Micron Tech, Pinduoduo, Intel, Meta, Amazon.
Among them:
Tesla rose more than 2%, with options trading rising to 1.57 million contracts, with 54.5% being call options. Call options with a strike price of $175 expiring on March 22 traded over 215,000 contracts, while put options with a strike price of $170 traded over 110,000 contracts.
NVIDIA rose more than 1%, with options trading significantly dropping to 1.12 million contracts, with 63% being call options. Call options with a strike price of $900 traded nearly 60,000 contracts.
AMD fell nearly 1%, with options trading at 930,000 contracts, with 60% being call options. Call options with a strike price of $180 traded over 60,000 contracts.
Apple rose more than 1%, with options trading dropping to 730,000 contracts, with 58.5% being call options. Call options with a strike price of $180 traded over 60,000 contracts.
Marathon Digital surged 16%, with options trading doubling to 430,000 contracts, with 70% being call options.
Micron Tech rose more than 2%, with options trading surging to 415,000 contracts, with 68.2% being call options.
Pinduoduo rose more than 3%, with options trading doubling to 380,000 contracts, with 66% being call options.
Intel edged up slightly, with options trading surging to 375,000 contracts, with 73.6% being call options.
Both Meta and Amazon had options trading volume exceeding 300,000 contracts, with call options dominating.
Nio fell nearly 2%, with options trading remaining around 210,000 contracts, with 63% being call options