LB Select
2024.03.27 08:11
I'm PortAI, I can summarize articles.

US Stock Options | Tesla, GME, ARM Trading Volume Soars! Meme Stocks, Chip Stocks Hot

The seven most popular contracts overnight are all related to Tesla: Over 170,000 contracts were traded for call options with a strike price of $185 and put options with a strike price of $180, both expiring on March 28th. Carnival Cruise Line, ARM options trading surged to 340,000 contracts each, while GameStop GME options trading surged to 250,000 contracts

Overnight, technology stocks continued to drag down the US stock market, with Trump concept stocks DJT surging while Chinese concept stocks fell.

Overview of US Stock Options Trading

Top ten US stock options trading overnight: Tesla, Nvidia, Apple, AMD, Micron Technology, Meta, Carnival Cruise, ARM, Amazon, Palantir.

Among them:

Tesla rose by 3%, with options trading surging to 2.58 million contracts, and call options accounting for 54.8%. The top seven hottest contracts overnight were all related to Tesla: call options with a strike price of $185 expiring on March 28 and put options with a strike price of $180 both traded over 170,000 contracts, while call options with a strike price of $180 traded 140,000 contracts.

Nvidia dropped by over 2%, with options trading remaining around 1.4 million contracts, and call options accounting for 64.7%. Call options with a strike price of $1000 traded over 80,000 contracts, and call options with a strike price of $950 traded nearly 70,000 contracts.

Apple slightly declined, with options trading remaining around 900,000 contracts, and call options accounting for 54.6%. Call options with a strike price of $172.5 traded nearly 70,000 contracts.

AMD slightly declined, with options trading at 840,000 contracts, and call options accounting for 62.6%. Call options with a strike price of $185 traded nearly 70,000 contracts.

Micron Technology rose by over 1%, with options trading falling to 470,000 contracts, and call options accounting for 75%.

Meta dropped by over 1%, with options trading rising to 390,000 contracts, and call options accounting for 73%.

Carnival Cruise slightly declined, with options trading surging to 340,000 contracts, and call options accounting for 62.7%.

ARM dropped by over 7%, with options trading surging to 340,000 contracts, and call options accounting for 60%.

Amazon slightly declined, with options trading falling slightly to 330,000 contracts, and call options accounting for 65.6%.

GameStop GME rose by over 2%, with options trading surging to 250,000 contracts, and call options accounting for 64.4%