US Stock Options | Pinduoduo Options Trading Surges Nearly Fivefold, NIO and Coinbase Options Amplify by About 3 Times
On Tuesday, Tesla surged more than 7%, with options trading reaching 2.6 million contracts. The most active were the calls with an exercise price of $500 for Nvidia. Apple's bullish options accounted for 61.5% of the total, while Google A and Nio calls accounted for over 70%.
On Tuesday, August 29th, US stocks rose again, with the Nasdaq up over 1.7% and the S&P 500 up 1.45%.
Overview of US Stock Options Trading
On Tuesday, technology stocks led the US stock market, with several Chinese concept stocks releasing earnings reports and experiencing significant volatility.
The top ten US stock options trading: Tesla, Nvidia, Apple, NIO, AMD, Google Class A, Amazon, Meta, Coinbase, Pinduoduo.
Tesla surged over 7%, with options trading volume of 2.6 million contracts, and the proportion of call options trading was 55.4%. The most active call options were those with a strike price of $250.
Nvidia rose over 4%, with options trading volume of 1.33 million contracts, and the proportion of call options trading was 57.6%. The most active call options were those with a strike price of $500.
Apple rose over 2%, with options trading volume of 1.14 million contracts, and the proportion of call options trading was 61.5%. The most active call options were those with a strike price of $185.
NIO fell over 1%, rebounding after a sharp intraday decline, with options trading volume of 540,000 contracts, nearly three times the daily average, and call options trading accounted for over 70%.
AMD rose over 3%, with options trading volume of 530,000 contracts, and the proportion of call options trading was 64.3%.
Google Class A rose nearly 3%, with options trading volume of 520,000 contracts, and call options trading accounted for over 70%.
Coinbase surged nearly 15%, with options trading volume of 310,000 contracts, nearly three times the daily average, and the proportion of call options trading was 69%.
Pinduoduo surged over 15%, with options trading volume of 230,000 contracts, nearly five times the daily average, and the proportion of call options trading was 63.7%.
Chewy rose over 4%, with options trading volume tripled; Oracle rose over 3%, with options trading volume nearly doubled.
