US Stock Options | Trading volume of options for Nvidia and Snowflake triples, active trading of bullish options for AI concept stocks
On Thursday, the options trading volume for NVIDIA reached 2.59 million contracts, with the most active being the Call options with a strike price of $500. The options trading for AI concept stocks was also active, with AMD and Micron Technology options trading volume increasing by two and four times respectively. There was also active trading in bullish options for Snowflake and C3.Ai.
On Thursday, the US stock market opened high and then fell. Nvidia barely closed higher, but the Nasdaq fell by 1.87%, while the Dow Jones and S&P 500 both dropped more than 1%.
Overview of US Stock Options Trading
On Thursday, the overall technology stocks experienced a decline.
The top ten US stock options trading: Nvidia, Tesla, AMD, Apple, Amazon, Palantir Tech, AMC Theatres, Disney, Meta, Microsoft.
Nvidia slightly rose, with options trading volume of 2.59 million contracts, nearly three times the daily average, and the proportion of call options trading was 59%. The most active call options trading was at a strike price of $500.
Tesla fell nearly 3%, with options trading volume of 1.9 million contracts, and the proportion of call options trading was 52.4%.
AMD fell 7%, with options trading volume of 1.08 million contracts, twice the daily average, and the proportion of call options trading was 62.4%.
Apple fell more than 2%, with options trading volume of 850,000 contracts, and the proportion of call options trading was 56.4%.
Amazon fell nearly 3%, with options trading volume of 480,000 contracts, and the proportion of call options trading was 64.6%.
AMC Theatres fell more than 26%, with options trading volume of 440,000 contracts, and the proportion of put options trading accounted for over 60%.
Disney fell nearly 4%, with options trading volume of 350,000 contracts, and the proportion of call options trading was 55.1%.
MicroStrategy plummeted nearly 7%, with options trading volume of 210,000 contracts, four times the daily average, and the proportion of call options trading was 50.9%.
Netflix fell nearly 5%, with options trading volume of 210,000 contracts, and the proportion of put options trading was 51.9%.
Snowflake fell over 5%, with options trading volume of 200,000 contracts, nearly three times the daily average, and the proportion of call options trading accounted for over 60%.
C3.Ai plunged nearly 12%, with options trading volume of 170,000 contracts, and the proportion of call options trading was 66.4%.
