US stock options | meme stocks AMC, GME trading volume soared, Alibaba, ExxonMobil also going crazy!
Overnight hottest contract: Exxon Mobil call option expiring on May 17th with a strike price of $115, traded 210,000 contracts! Alibaba options trading surged to 550,000 contracts, with 73.5% being call options. AMC options trading surged to 1.91 million contracts, with 75.9% being call options, and 170,000 call options with a strike price of $8 were traded
Overnight, retail investors rallied meme stocks, with Chinese concept stocks outperforming the market.
Overview of US Stock Options Trading
Top ten US stock options trading overnight: AMC Theatres, Tesla, Apple, Nvidia, Exxon Mobil, GameStop, Alibaba, Amazon, Intel, Palantir.
Among them:
AMC Theatres surged by 78%, with options trading soaring to 1.91 million contracts, and 75.9% were call options. Call options with a strike price of $8 expiring on May 17 traded 170,000 contracts, $4 strike price call options traded 150,000 contracts, and $5 strike price call options traded 130,000 contracts.
Tesla rose by 2%, with options trading almost halved to 1.22 million contracts, and 56.9% were call options. Call options with a strike price of $175 and put options with a strike price of $170 both traded 110,000 contracts.
Apple rose by nearly 2%, with options trading increasing to 1.04 million contracts, and 67.4% were call options. Call options with a strike price of $187.5 traded 90,000 contracts.
Nvidia rose by nearly 1%, with options trading halved to 790,000 contracts, and 57.7% were call options.
Exxon Mobil edged lower, with options trading surging to 725,000 contracts, and 95.4% were call options. Call options with a strike price of $115 traded 210,000 contracts, becoming the hottest contract overnight. Call options with a strike price of $110 traded 120,000 contracts.
GameStop surged by 74%, with options trading surging to 700,000 contracts, and 57.7% were call options. Call options with a strike price of $34 traded 85,000 contracts, and call options with a strike price of $30 traded over 60,000 contracts.
Alibaba surged by 6%, with options trading soaring to 550,000 contracts, and 73.5% were call options.
Amazon edged lower, with options trading dropping to 330,000 contracts, and 65.6% were call options.
Intel rose by over 2%, with options trading surging to 330,000 contracts, and 51.1% were put options.
Palantir rose by nearly 2%, with options trading dropping to 320,000 contracts, and 73.2% were call options.
Nio rose by nearly 7%, with options trading increasing to 240,000 contracts, and 82% were call options