US stock options | BABA-SWR, JD, Oracle see significant increase in trading volume! Tesla put options are on fire.
Overnight, the hottest contracts were all related to Tesla: Over 140,000 call options with a strike price of $180 expiring on March 15th were traded, nearly 120,000 put options with a strike price of $170 were traded, and over 100,000 put options with strike prices of $230 and $220 were both traded.
Overnight, technology stocks and Chinese concept stocks mostly followed the rise of the US stock market.
Overview of US Stock Options Trading
Top ten US stock options trading overnight: Tesla, NVIDIA, Apple, AMD, Meta, Oracle, Boeing, Palantir, Amazon, Microsoft.
Among them:
Tesla slightly down, with options trading slightly up to 1.9 million contracts, with 54% being put options. Call options with a strike price of $180 expiring on March 15 traded over 140,000 contracts, while put options with strike prices of $170 traded nearly 120,000 contracts, and put options with strike prices of $230 and $220 both traded over 100,000 contracts.
NVIDIA surged over 7%, with options trading rising to 1.66 million contracts, with 66% being call options. Call options with a strike price of $900 traded nearly 90,000 contracts.
Apple slightly up, with options trading slightly down to 890,000 contracts, with 64.6% being call options. Call options with a strike price of $175 traded 95,000 contracts.
AMD rose over 2%, with options trading 670,000 contracts, with 57% being call options. Call options with a strike price of $200 traded nearly 50,000 contracts.
Meta rose over 3%, with options trading nearly 500,000 contracts, with 72% being call options.
Oracle surged nearly 12%, with options trading sharply up to 490,000 contracts, with 62% being call options. Call options with a strike price of $130 traded over 40,000 contracts.
Boeing dropped over 4%, with options trading sharply up to 460,000 contracts, with 66% being put options.
Wells Fargo rose nearly 1%, with options trading sharply up to 260,000 contracts, with 62% being call options. Call options expiring on April 19 with a strike price of $60 traded nearly 60,000 contracts.
TSMC rose nearly 4%, with options trading slightly down to 190,000 contracts, with 72% being call options.
Alibaba rose over 1%, with options trading up to 180,000 contracts, with 62% being call options.
JD.com rose 5%, with options trading up to 170,000 contracts, with 72% being call options.