US Stock Options | Tesla's trading volume surged above 4 million contracts! Meta, VRT, Boeing trading volumes also skyrocketing!
The top eight hottest overnight contracts are all related to Tesla. On April 26th, Tesla put options with a strike price of $160 traded 230,000 contracts, while Tesla call options with a strike price of $165 traded nearly 200,000 contracts. Options for Vertiv, a liquid cooling supplier for NVIDIA, surged to 190,000 contracts, with 75% being bullish call options
Overnight, the three major US stock indexes showed mixed movements, with Tesla posting its largest gain in two years, and Chinese concept stocks outperforming the market for the third consecutive day.
Overview of US Stock Options Trading
Top ten US stock options trading overnight: Tesla, Nvidia, Apple, Meta, Boeing, AMD, Ford, Amazon, Snap, Riot Platforms.
Among them:
Tesla surged by 12%, with options trading doubling to 4.03 million contracts, and put options accounting for 54%.
The top eight hottest contracts overnight were all related to Tesla. Put options with a strike price of $160 expiring on April 26 traded 230,000 contracts, call options with a strike price of $165 traded nearly 200,000 contracts, call options with a strike price of $170 traded 165,000 contracts, put options with strike prices of $155 and $150 traded nearly 140,000 and 130,000 contracts respectively, and call options with a strike price of $160 traded 100,000 contracts.
Nvidia dropped by over 3%, with options trading increasing to 1.43 million contracts, and call options accounting for 52.7%. Put options with a strike price of $800 traded over 80,000 contracts.
Apple rose by over 1%, with options trading increasing to 660,000 contracts, and call options accounting for 60.8%. Call options with a strike price of $170 traded nearly 90,000 contracts.
Meta slightly declined, with options trading surging to 640,000 contracts, and call options accounting for 60%.
Boeing dropped by 3%, with options trading surging to 570,000 contracts, and put options accounting for 65%.
AMD slightly declined, with options trading remaining around 450,000 contracts, and call options accounting for 57.4%.
Ford slightly rose, with options trading almost doubling to 340,000 contracts, and call options accounting for 62%.
Amazon dropped by nearly 2%, with options trading decreasing to 330,000 contracts, and call options accounting for 65.6%.
Snap dropped by 3%, with options trading surging to 230,000 contracts, and call options accounting for 66%.
Riot Platforms slightly rose, with options trading remaining around 220,000 contracts, and call options accounting for 72%.
Alibaba rose by 3%, with options trading increasing to 220,000 contracts, and call options accounting for 69%.
Luxury goods company Capri, the parent company of Versace, dropped by 3%, with options trading surging to 200,000 contracts, and call options accounting for 65%. Call options with a strike price of $35 and $40 expiring on May 17 both traded over 60,000 contracts.
Nvidia's liquid cooling supplier Vertiv surged by 7%, with options trading surging to 190,000 contracts, and call options accounting for 75%.