US Stock Options | Apple, Tesla, Nvidia all traded over 2 million contracts! GME surges

LB Select
2024.05.06 07:37
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The hottest contracts last Friday were: Tesla calls with a May 3 expiration date and a strike price of $180, with a trading volume of 150,000 contracts. Apple calls with a May 10 expiration date and a strike price of $190 traded nearly 130,000 contracts. GameStop GME options surged to 430,000 contracts, with 84% being bullish call options. Alibaba options traded 270,000 contracts, with 78% being bullish call options

Last Friday, the non-farm payroll data triggered rate cut expectations, leading to a rebound in the US stock market.

Overview of US Stock Options Trading

Top ten US stock options trading before last Friday: Apple, Tesla, Nvidia, AMD, Amazon, Meta, Palantir, GME, Google Class A, Coinbase.

Among them:

Apple surged by 6%, with options trading volume rising to 2.89 million contracts, with 65% being call options. Call options with a strike price of $190 expiring on May 10 traded nearly 130,000 contracts, while call options with a strike price of $185 expiring on May 3 traded over 90,000 contracts.

Tesla rose by nearly 1%, with options trading volume of 2.06 million contracts, and call options accounting for 57.8%. Call options with a strike price of $180 expiring on May 3 traded 150,000 contracts.

Nvidia surged by over 3%, with options trading volume of 2.01 million contracts, and call options accounting for 63%. Call options with a strike price of $880 traded over 80,000 contracts.

AMD surged by over 3%, with options trading volume of 710,000 contracts, and call options accounting for 56.5%. Call options with a strike price of $150 traded nearly 70,000 contracts.

Amazon rose by nearly 1%, with options trading volume of 630,000 contracts, and call options accounting for 66%.

Meta surged by over 2%, with options trading volume of 520,000 contracts, and call options accounting for 62.5%. Call options with a strike price of $450 traded over 40,000 contracts.

Palantir surged by over 3%, with options trading volume of 450,000 contracts, and call options accounting for 76%. Call options with a strike price of $23 traded over 40,000 contracts.

GameStop (GME) surged by 29%, with options trading volume skyrocketing to 430,000 contracts, and call options accounting for 84%.

Google Class A slightly rose, with options trading volume of 380,000 contracts, and call options accounting for 62.4%.

Coinbase dropped by nearly 3%, with options trading volume of 330,000 contracts, and call options accounting for 72.6%.

Alibaba rose by over 1%, with options trading volume of 270,000 contracts, and call options accounting for 78%.

Delta Air Lines saw unusual activity in contracts, with call options expiring on June 21 with a strike price of $55 trading over 70,000 contracts.

MPW saw unusual activity in contracts, with put options expiring on May 17 with a strike price of $5 trading over 60,000 contracts

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