US Stock Options | BABA-SWR doubles in trading volume, investors rush to buy these three put contracts! Tesla and Apple calls are hot

LB Select
2024.01.11 07:27
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The trading volume of BABA-SWR options doubled to 560,000 contracts, with put options accounting for 70%! Put options with a January 19 expiration date and strike prices of $90 and $95 for BABA-SWR traded 85,000 contracts and 77,000 contracts respectively, while put options with a strike price of $85 also traded over 60,000 contracts.

Overnight, the three major U.S. stock indexes closed higher, with most leading technology stocks rising and Chinese concept stocks falling. The application for the listing of a Bitcoin spot ETF was approved.

Overview of U.S. stock options trading

The top ten U.S. stock options trading on the day were: Tesla, NVIDIA, Apple, Microsoft, Meta, Amazon, Alibaba, AMD, Marathon Digital, and Pfizer.

Among them:

Tesla slightly declined, with options trading increasing slightly to 1.65 million contracts, with a 50-50 split between call options and put options. Call options with a strike price of $235 expiring on January 12th traded 100,000 contracts, while call options with a strike price of $240 and put options with a strike price of $230 both traded over 80,000 contracts.

NVIDIA rose over 2%, with options trading falling to 1.4 million contracts, with call options accounting for 60%. Call options with a strike price of $550 traded nearly 90,000 contracts.

Apple slightly rose, with options trading increasing to 770,000 contracts, with call options accounting for 57.4%. Call options with a strike price of $185 traded 70,000 contracts.

Microsoft rose nearly 2%, with options trading at 680,000 contracts, with call options accounting for 75%. Call options with a strike price of $285 traded over 50,000 contracts.

Meta rose nearly 4%, with options trading at 630,000 contracts, with call options accounting for 65%.

Amazon rose over 1%, with options trading at 600,000 contracts, with call options accounting for 66%. Call options with a strike price of $155 traded nearly 70,000 contracts.

Alibaba fell nearly 1%, with options trading doubling to 560,000 contracts, with put options accounting for 70%. Put options with a strike price of $90 and $95 expiring on January 19th traded 85,000 contracts and 77,000 contracts respectively, while put options with a strike price of $85 traded over 60,000 contracts.

AMD and Marathon Digital both had options trading exceeding 400,000 contracts.

Pfizer fell over 1%, with options trading rising to 250,000 contracts, with put options accounting for 60.6%.

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