LB Select
2023.11.23 07:05
portai
I'm PortAI, I can summarize articles.

US Stock Options | Tesla and Nvidia trade 2.5 million contracts! Market continues to speculate on Alibaba calls

Investors' enthusiasm for Petrobras and Vale evaporated overnight, and Tesla and Nvidia returned to the top of the options trading list. Over 200,000 contracts of Tesla calls with a strike price of $235 and an expiration date of November 24th were traded. The total trading volume of Alibaba options also reached nearly 200,000 contracts.

Overnight, US stocks rebounded significantly before Thanksgiving, with the Dow and S&P returning to their highest levels in over three months, and technology stocks and Chinese concept stocks rising together.

Overview of US stock options trading

The top ten US stock options trading on that day were: Tesla, Nvidia, Amazon, Apple, AMD, Microsoft, Palantir Technologies, Meta Platforms, Marathon Digital, and Coinbase.

Among them:

Tesla fell nearly 3%, with options trading of 2.54 million contracts, and call options accounted for 62%. Call options with a strike price of $235 and expiring on November 24th traded over 200,000 contracts, call options with a strike price of $240 traded 170,000 contracts, and put options with a strike price of $230 traded nearly 160,000 contracts.

Nvidia fell over 2%, with options trading of nearly 2.5 million contracts, and call options accounted for over 63%. Call options with strike prices of $500 and $490 traded over 150,000 contracts and 100,000 contracts respectively.

Amazon rose nearly 2%, with options trading of 740,000 contracts, and call options accounted for nearly 60%.

Apple slightly rose, with options trading of 730,000 contracts, and call options accounted for 55%. Call options with a strike price of $192.5 traded 100,000 contracts.

AMD and Microsoft had options trading of 660,000 contracts and 480,000 contracts respectively. Palantir Technologies and Meta Platforms both had options trading of over 300,000 contracts.

Alibaba slightly rose, with options trading of nearly 200,000 contracts, and call options accounted for over 77%.