US Stock Options | Apple Call Options Soar, Alibaba Out-of-the-Money Put Options Surge in Trading Volume
On Wednesday, the trading volume of bullish options for Apple surged to 67.5%, marking a significant increase. Meanwhile, bearish options for Alibaba accounted for 64% of the trading volume. A large number of bearish options with a strike price of $120 and an expiration date of September 15th were traded.
On Wednesday, August 30th, the US stock market saw a slight increase, with the Nasdaq rising over 0.5%.
Overview of US Stock Options Trading
On Wednesday, the technology sector led the US stock market.
The top ten US stock options trading were: Tesla, Apple, Nvidia, AMC Theatres, AMD, Amazon, Bank of America, Kenvue, Meta, and Alibaba.
Tesla experienced a slight decline, with options trading reaching 2.09 million contracts. The proportion of call options trading at a strike price of $260 was 55.7%, making it the most active.
Apple rose nearly 2%, with options trading reaching 1.63 million contracts, almost doubling the daily average. The proportion of call options trading was 67.5%, showing a significant increase.
Nvidia rose 1%, with options trading reaching 1.36 million contracts. The proportion of call options trading was 59%.
AMC Theatres surged over 16%, with options trading reaching 500,000 contracts. The proportion of call options trading accounted for 50%.
AMD experienced a slight increase, with options trading reaching 490,000 contracts. The proportion of call options trading was 52.9%.
Amazon saw a slight increase, with options trading reaching 460,000 contracts. The proportion of call options trading accounted for 60%.
Meta fell nearly 1%, with options trading reaching 330,000 contracts. The proportion of call options trading was 56.7%.
Alibaba experienced a slight decline, with options trading reaching 320,000 contracts. The proportion of put options trading was 64%. A large number of put options with a strike price of $120 and an expiration date of September 15th were traded.