In the U.S. stock options market, the trading volume of BABA-SWR has doubled, while the "AI Big Bull Stocks" have surged in trading volume! Tesla and NVIDIA are still hot.
The hottest contract overnight is still the Tesla contract expiring on February 23 with a strike price of $200, with a trading volume of 205,000 contracts! The stock price of "AI giant" Palo Alto Networks plummeted by over 28%, with options trading surging to 500,000 contracts, and the put options accounting for 52.5%. Alibaba's options trading doubled to 300,000 contracts, with call options accounting for 75.8%.
Overnight, most Chinese concept stocks rebounded, while US tech stocks once again dragged down the Nasdaq.
Overview of US stock options trading
The top ten US stock options trading before last Friday were: Tesla, Nvidia, Apple, Palo Alto Networks, Amazon, AMD, Intel, Palantir Tech, Rivian, Meta.
Among them:
Tesla rose by 0.5%, with options trading remaining at 1.8 million contracts, with 61% being call options. Call options with a strike price of $200 expiring on February 23 traded nearly 205,000 contracts, while call options with a strike price of $195 also traded nearly 130,000 contracts, and put options with a strike price of $190 traded over 110,000 contracts.
Nvidia fell by 3%, with options trading increasing to 1.55 million contracts, with 61% being call options. Call options with a strike price of $1300 traded over 50,000 contracts.
Apple saw a slight increase, with options trading decreasing to 570,000 contracts, with 57% being call options. Call options with a strike price of $185 traded nearly 60,000 contracts.
The "AI bull stock" Palo Alto Networks plummeted by over 28%, with options trading surging to 500,000 contracts, with 52.5% being put options.
Amazon and AMD options trading both exceeded 400,000 contracts, with call options dominating. Amazon with a strike price of $170 traded over 110,000 contracts.
Intel and Palantir Tech both fell by over 2%, with options trading exceeding 320,000 contracts, with call options dominating.
Rivian fell by over 3%, with options surging to 320,000 contracts, with call options accounting for 57.6%.
Meta fell by nearly 1%, with options trading further dropping to 310,000 contracts, with call options accounting for 57.8%.
Alibaba rose by over 3%, with options trading doubling to 300,000 contracts, with call options accounting for 75.8%.