US Stock Options | Surge in Trading Volume of Apple and NVIDIA Put Options, Google and Microsoft Call Options Account for Over 60%
On Thursday, technology stocks experienced a comprehensive decline. The most active options were the Tesla call option with an exercise price of $260 and the put options with exercise prices of $250 and $255. The most active put options were for Nvidia and Apple with exercise prices of $410 and $175, respectively.
On Thursday, September 21st, the US stock market experienced a sharp decline, with the Nasdaq falling nearly 2% and the S&P 500 index dropping 1.64%.
Overview of US Stock Options Trading
On Thursday, technology stocks across the board declined.
The top ten US stock options trading volumes were: Tesla, Nvidia, Apple, Amazon, AMD, Microsoft, Meta, Palantir, Google A, Nikola, Netflix, and Block.
Tesla fell 2.62%, with options trading volume of 2.31 million contracts, and the proportion of call options trading was 55.2%. The most active options trading were call options with a strike price of $260 and put options with strike prices of $250/$255.
Nvidia fell nearly 3%, with options trading volume of 1.27 million contracts, and the proportion of put options trading was 50.3%. The most active options trading were put options with a strike price of $410.
Apple fell nearly 1%, with options trading volume of 1.07 million contracts, and the proportion of put options trading was 51.1%. The most active options trading were put options with a strike price of $175.
Amazon plummeted over 4%, with options trading volume of 1.03 million contracts, and the proportion of call options trading was 62.9%. The most active options trading were call options with a strike price of $132.
AMD fell over 4%, with options trading volume of 630,000 contracts, and the proportion of call options trading was 52.7%.
Microsoft slightly declined, with options trading volume of 530,000 contracts, and the proportion of call options trading was 61.5%.
Meta fell over 1%, with options trading volume of 430,000 contracts, and the proportion of call options trading was 51.7%.
Google A fell over 2%, with options trading volume of 350,000 contracts, and two-thirds of the options trading were call options.
Nikola plummeted nearly 7%, with options trading volume of 290,000 contracts, and over 60% of the options trading were put options.
Netflix slightly declined, with options trading volume of 250,000 contracts, and the proportion of call options trading was 54.8%.
NIO fell over 4%, with options trading volume of 200,000 contracts, and 60% of the options trading were call options.
