US Stock Options | NVIDIA's trading volume soared to over 4 million contracts! Tesla and AMD are also hot.
The hottest contracts last Friday were the Apple calls expiring on March 15th with a strike price of $175, with over 110,000 contracts traded; and the Tesla calls expiring the same day with a strike price of $177.5, with 90,000 contracts traded. The options trading volume for Taiwan Semiconductor surged to 570,000 contracts, with over 60,000 contracts traded for the calls expiring on June 21st with a strike price of $140.
Last Friday, the seven tech giants in the US stock market saw a simultaneous rise in the morning session, but most turned downward during the trading day. Chip and AI concept stocks also followed the market's decline.
Overview of US Stock Options Trading
The top ten US stock options trading overnight: NVIDIA, Tesla, AMD, Apple, Meta, Alphabet-CA, Palantir, TSMC, Coinbase, Rivian.
Among them:
NVIDIA fell over 5%, with options trading surging to 4.07 million contracts, with 62.7% being call options. Call options with a strike price of $1000 expiring on March 15th traded over 80,000 contracts, while put options with a strike price of $900 expiring on March 8th also traded over 80,000 contracts.
Tesla dropped nearly 2%, with options trading at 2.42 million contracts, and 60% being call options. Put options with a strike price of $177.5 expiring on March 8th traded 90,000 contracts.
AMD fell nearly 2%, with options trading at 2.02 million contracts, and 56% being call options. Put options with a strike price of $210 expiring on March 8th traded nearly 90,000 contracts.
Apple rose over 1%, with options trading at 1.67 million contracts, and 68% being call options. Call options with a strike price of $175 expiring on March 15th traded over 110,000 contracts, making it the most active contract overnight.
Meta fell over 1%, with options trading at 680,000 contracts, and 62% being call options.
Alphabet-CA and Palantir both had options trading around 600,000 contracts, with call options accounting for over 70%.
TSMC fell 2%, with options trading surging to 570,000 contracts, and 80% being call options. Call options with a strike price of $140 expiring on June 21st traded over 60,000 contracts.
Coinbase rose nearly 6%, with options trading at 530,000 contracts, and 64% being call options.
Rivian rose over 2%, with options trading at 530,000 contracts, and 80% being call options.