US Stock Options | FFIE, Chewy, American Airlines trading volume surges! NVIDIA, Tesla hot

LB Select
2024.05.30 08:43
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Faraday Future Intelligent Electric (FFIE) saw a sharp 62% drop in its stock price overnight, with options trading surging to 370,000 contracts. The ratio of call options to put options is 50:50, with 75,000 put options trading at a strike price of $0.5 expiring on May 31st. The most active contract overnight was the put option on American Airlines expiring on September 20th with a strike price of $10, which traded nearly 240,000 contracts

Overnight, US stocks collectively fell, with Chinese concept stocks and meme stocks pulling back.

Overview of US Stock Options Trading

Top ten US stock options trading overnight: NVIDIA, Tesla, American Airlines, Apple, AMD, Amazon, Faraday Future Intelligent Electric (FFIE), Qualcomm, AMC Entertainment, Chewy.

Among them:

NVIDIA rose nearly 1%, with options trading falling to 1.62 million contracts, with 62.5% being call options. Call options with a strike price of $1200 and $1150 expiring on May 31st each traded over 70,000 contracts.

Tesla slightly declined, with options trading rising to 1.31 million contracts, with 62% being call options. Call options with a strike price of $190 traded over 120,000 contracts, while those with strike prices of $180 and $177.5 traded over 110,000 contracts each, and put options with a strike price of $175 traded 100,000 contracts.

American Airlines plummeted over 13%, with options trading surging to 980,000 contracts, with 77.7% being put options. Put options with a strike price of $10 expiring on September 20th traded nearly 240,000 contracts, becoming the hottest contract overnight.

Apple rose slightly, with options trading falling to 785,000 contracts, with 67.7% being call options. Call options with a strike price of $192.5 expiring on May 31st traded 120,000 contracts.

AMD fell nearly 4%, with options trading falling to 675,000 contracts, with 58.1% being call options. Call options with a strike price of $170 traded over 60,000 contracts.

Amazon fell slightly, with options trading remaining around 440,000 contracts, with 65.4% being call options. Call options with a strike price of $185 traded nearly 70,000 contracts.

Faraday Future Intelligent Electric (FFIE) plummeted by 62%, with options trading surging to 370,000 contracts, with call and put options being evenly split. Put options with a strike price of $0.5 traded 75,000 contracts.

Qualcomm fell over 2%, with options trading surging to 310,000 contracts, with 92.5% being call options.

AMC Entertainment fell nearly 8%, with options trading falling to 280,000 contracts, with 82% being call options.

Chewy surged by 27%, with options trading surging to 270,000 contracts, with 66.8% being call options.

Alibaba fell nearly 2%, with options trading rising to 200,000 contracts, with 76.5% being call options

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