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2023.09.13 06:53
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US Stock Options | Oracle Options Trading Surges Sixfold, Some Puts Make a Whopping 2500% Profit! Apple Options Trading Doubles

On Tuesday, technology stocks led the decline, while value stocks showed relative strength. The most active options were the bullish options with a strike price of $280 for Tesla. Oracle plummeted by 13.5%, causing some bearish options prices to skyrocket by 25 times.

On Tuesday, September 12th, US stocks came under pressure, with the Nasdaq falling more than 1%.

Overview of US Stock Options Trading

On Tuesday, technology stocks led the decline in the US stock market, while value stocks performed well, resulting in a divided market.

The top ten US stock options trading were: Tesla, Apple, Nvidia, Oracle, Amazon, AMC Theatres, AMD, Intel, Bank of America, Meta, and Disney.

Tesla fell more than 2%, with options trading volume reaching 2.37 million contracts, and the proportion of call options trading was 57.2%. The most active call options were those with a strike price of $280.

Apple dropped nearly 2%, with options trading volume reaching 2.03 million contracts, doubling the daily average, and the proportion of call options trading was 57.8%. The most active options were the call options with a strike price of $180 and the put options with a strike price of $175.

Nvidia declined by 0.68%, with options trading volume reaching 810,000 contracts, and the proportion of call options trading was 60.9%. The most active call options were those with a strike price of $460.

Oracle plummeted by 13.5%, with options trading volume reaching 670,000 contracts, nearly seven times the daily average, and the proportion of call options trading was 56.4%. Some put options saw their prices surge by 25 times.

Amazon fell more than 1%, with options trading volume reaching 490,000 contracts, and the proportion of call options trading was 55.2%.

Bank stocks rose, with Bank of America up nearly 2% and Citigroup up 2.7%. Options trading volume for these stocks was 280,000 and 260,000 contracts, respectively.

Ford rose nearly 2%, with options trading volume reaching 240,000 contracts, and the proportion of put options trading was 51%.

Yum Brands Inc. saw some unusual put options activity (approximately 60:1 ratio of call options).